Using a cost analysis system developed by the Maryland State Board for Community Colleges, this report presents information on cost per course, cost per student credit hour, and cost per full-time equivalent (FTE) student for each instructional discipline at Prince George's Community College (PGCC). Total cost figures are the sum of faculty compensation, additional direct instructional costs (including classroom or laboratory supplies and equipment), and indirect or overhead costs. Selected findings include the following: (1) in fiscal year 1987, the total cost per credit hour was $111.99, while the cost for credit coursework per FTE student was $3,360; (2) faculty compensation represented 44% of the total cost, while overhead represented 53%; (3) cost per FTE student rose steadily from $1,973 in 1980 to $3,118 in 1987; (4) general education courses in the arts and sciences were more expensive than occupational or continuing education courses; (5) community services noncredit courses cost $2,520 per FTE in 1987, representing a 9% increase over the previous year; (6) total cost per FTE student was highest in Physical and Health Education, Health Technology, and Engineering Technology, and lowest in Developmental Studies, Social Services, and Business and Management; and (7) PGCC spent substantially less per student to deliver credit courses than both the average of the six largest community colleges in the state and the overall statewide average. A discussion of the determinants of direct costs is included in the report, as well as data displays showing costs by discipline. (EJV)