Discusses indicators to help boards assess the vitality of their institution: (1) total financial resources per FTE student; (2) expendable financial resources to debt; (3) expendable financial resources to operations; (4) average peak debt-service coverage; (5) applicants to admits; (6) tuition rate changes; (7) enrollment levels; (8) retention rate; (9) graduation rates; and (10) instructional expenditures per FTE student. (EV)