In 1978, a study was conducted of the community college students who, after attending one of seven participating colleges, entered the University of Washington in Fall 1973 and were still in attendance in Spring 1974. For these 479 transfer students the following data were collected: community college entrance status (had an associate degree or its equivalent, did not have an associate degree but had earned more than 75 academic transfer credits, or did not have an associate degree and had earned less than 75 academic credits), transfer credits earned, transfer academic grade point average (GPA), University of Washington GPA as of Spring 1974, cumulative University of Washington GPA as of Fall l977, and undergraduate status in 1977 (had received a bachelor's degree, was still in school, or had withdrawn). Parallel data were collected for 100 native University of Washington students. With respect to rate of graduation, the students with an Associate of Arts (AA) degree had an advantage over transfer students who did not have the degree, although the native students had the highest graduation rate. However, with regard to cumulative University GPA, the receipt of the AA did not seem to have a strong impact. The regression results for the seven community colleges and the University indicated that the probability of obtaining at least a 2.00 GPA differed significantly according to sending institution. (AYC)