An analysis of student matriculation was conducted at Diablo Valley College, in California, using the cohort of 4,251 students identified as new in fall 1992. Data indicate that 22.3% of this cohort did not enroll in any courses after applying, being tested, and completing orientation and advising; 8.4% continued on in the semester, but dropped all their courses; and 69.3% completed the semester. To determine characteristics of students by academic outcome, students were further identified as fully matriculated (FM) (e.g., having completed all assessment, orientation, and advisement components), partially matriculated (PM) (e.g., having components left to complete), exempt from the components, and not matriculated (NM). Results of the analysis included the following: (1) 80% of the FM students chose transfer as an educational goal, compared to 69% of the PM, 13% of the exempt, and 42% of the NM students; (2) 82% of the NM students completed fall 1992, while 79% of the exempt, 44% of the NM, and 38% of the PM students did so; (3) 100% of the FM students enrolled in at least one subsequent semester by fall 1993; (4) FM students enrolled in and completed more units than students in other groups; and (5) while only 39% of the NM students had a grade point average of 2.0 or higher, 64% of the FM and 50% of the PM students did. Recommendations for intervention strategies and data tables are included. (KP)