Sixty-five cost reduction efforts on college and university campuses are described, as part of the Cost Reduction Incentive Awards Program sponsored by the National Association of College and University Business Officers and the United States Steel Foundation. The incentive program is designed to stimulate cost-effective ideas and awareness of the use of financial, human, and natural resources on campus. While some aspects of a program may be unique to a particular institution, creative administrators may tailor the programs to their schools. Notable programs, some of which received prizes up to $10,000, include: the George Washington University alterations of student residence bathrooms using Corian sheet materials to overlay ceramic wall tiles; the North Carolina State University Public Domain Software Access Facility, which provides free access to software and which replaces most commercial software packages; the Canisius College voluntary program of using the resources of faculty aged 60 to 70 on a reduced basis; the Southern Illinois University, Carbondale, software trading post; the University of Alabama asbestos abatement laboratory; and the University of California, San Diego, implementation of an automated library photocopy reform. A list of all 1986 incentive program participants is included. (SW)