This annual report provides a variety of information about the state of higher education in South Dakota. The bulk of the report consists of tables and charts that summarize: (1) the structure of the South Dakota Board of Regents; (2) the institutional missions of South Dakota's six state universities and two special schools; (3) admission requirements; (4) operating budgets and mean budgeted salaries; (5) historical tuition rates from 1966 through 1994; (6) student financial aid programs; (7) average financial aid awards; (8) student loan default rates; (9) historical fall term enrollments from 1972-1993; (10) plans for South Dakota high school graduates from 1970-1993; (11) projections of South Dakota high school graduates from 1994-2009; (12) student geographic distribution and enrollment by site; (13) student persistence rates; (14) campus crime rates; (15) special schools profiles; (16) faculty profiles, salaries by rank, and turnover rates; (17) management ratios; (18) degrees conferred and degree trends from 1987-1993; and (19) data on physical plant. (MDM)