The Integrated Postsecondary Education Data System (IPEDS) collects institution-level data from postsecondary institutions in the United States (50 states and the District of Columbia) and other U.S. jurisdictions (see appendix A for a list of other U.S. jurisdictions). This "First Look" presents findings from the preliminary data of the IPEDS fall 2015 data collection, which included three survey components: (1) "Institutional Characteristics" for the 2015-16 academic year; (2) Completions, covering the period July 1, 2014, through June 30, 2015; (3) and "12-Month Enrollment," covering the same period. Data for all three components were collected through the IPEDS web-based data collection system. A brief summary of the fall 2015-16 survey components is included in this report. Findings include: (1) In 2015-16, of the 7,164 Title IV institutions in the United States and other U.S. jurisdictions, 3,085 were classified as 4-year institutions, 2,081 were 2-year institutions, and the remaining 1,998 were less-than-2-year institutions (table 1); (2) Average tuition and required fees for full-time, first-time degree/certificate-seeking undergraduates at public and nonprofit 4-year institutions increased from 2013-14 to 2015-16, while tuition and required fees decreased at for-profit 4-year institutions over the same period (table 2). After adjusting for inflation, public institutions reported a roughly 4 percent increase for in-state students (to about $8,100) and for out-of-state students (to approximately $18,300). Nonprofit institutions also reported around a 4 percent increase (to about $26,400). For-profit institutions reported average tuition and required fees of approximately $16,000 for 2015-16, which represents a decrease of less than 1 percent when compared with the inflation-adjusted figure from 2013-14; (3) Of the roughly 3.2 million students receiving degrees at 4-year Title IV institutions, nearly 59 percent received a bachelor's degree (table 3). This percentage varied by control of institution, with about 65 percent of the 1.8 million students at public institutions receiving a bachelor's degree, roughly 53 percent of the 1.0 million students at nonprofit institutions receiving a bachelor's degree, and about 40 percent of the 326,000 students at for-profit institutions receiving a bachelor's degree; and (4) Institutions reported a 12-month unduplicated headcount enrollment totaling about 27.4 million individual students (table 4). Of these, roughly 23.6 million were undergraduates and approximately 3.8 million were graduate students. The following are appended: (1) Data Collection Procedures; and (2) Glossary of Terms.