This report presents detailed tabulations for academic year 1997-98 of the number, tenure, and average salaries of full-time instructional faculty on 9- and 10-month contracts at institutions of higher education eligible for Title IV financial aid. Data are from the Integrated Postsecondary Education Data system. Highlights of the 13 tables include the following: salaries of full-time instructional faculty averaged $52,335 and varied by rank with an average salary of $68,731 for professors and $32,449 for instructors; salaries at two-year public institutions averaged $11,000 higher than those at two-year private institutions; 60 percent of the total faculty were tenured, and 71 percent were male; average faculty salaries for all ranks combined were higher than for faculty in public degree-granting institutions; states with high average salaries in public institutions included California, Connecticut, and New Jersey whereas the states with the lowest salaries in public institutions were North Dakota and South Dakota; faculty in four-year, degree-granting institutions averaged over $8,000 more per year than those in two-year institutions; on average, male faculty earned $10,300 more than female faculty. Appended are a description of the salary survey, methodology, and the survey itself. (DB)