DATA WERE COLLECTED AND ANALYZED CONCERNING THE FINANCIAL PRACTICES OF EDUCATIONAL TELEVISION (ETV) STATIONS. A TOTAL OF 95 ETV STATIONS PARTICIPATED IN A QUESTIONNAIRE SURVEY DESIGNED TO ESTABLISH PATTERNS RELATIVE TO TIME ON THE AIR, PROGRAMING EMPHASIS, EMPLOYMENT INVESTMENTS, INCOME, EXPENSES, AND OTHER FINANCIAL FACTORS. PRIOR TO THE FINANCIAL ANALYSIS, THIS REPORT PRESENTS A BACKGROUND REVIEW OF--(1) THE NATIONAL DEFENSE EDUCATION ACT, (2) THE ETV FACILITIES ACT, (3) THE NATIONAL EDUCATION TELEVISION AND RADIO CENTER, (4) REGIONAL NETWORKS AND EXCHANGE LIBRARIES, AND (5) THE EDUCATIONAL TELEVISION STATIONS DIVISION OF NATIONAL ASSOCIATION OF EDUCATIONAL BROADCASTERS (NAEB). THE REPORT HIGHLIGHTS A NATIONAL CONFERENCE, HELD IN WASHINGTON, WHICH WAS ATTENDED BY MORE THAN 260 PEOPLE REPRESENTING EVERY ETV STATION IN THE COUNTRY. THE CONCLUSIONS AND RECOMMENDATIONS OF THE CONFERENCE WERE PRESENTED. SOME OF THE ITEMS INCLUDED WERE--(1) THE FUTURE ROLE OF THE NET, (2) THE NEED FOR NATIONAL TV LIBRARIES, (3) THE USE OF AN NEED FOR FUNDS, (4) SUBSCRIPTION TV, (5) ENDOWMENTS, AND (6) ADVISORY COMMITTEES. (JC)