This publication provides a closer look at data reported annually by South Carolina's public institutions of higher education as part of institutional effectiveness reporting and as part of the process of performance funding. Prior to the January 2000 edition, this document was entitled "Minding Our P's and Q's: Indications of Productivity and Quality in South Carolina Public Colleges and Universities." In January 2000, the South Carolina Commission on Higher Education (CHE) substantially revised this publication in efforts to provide a source guide integrating data reported by the state's public colleges and universities in fulfillment of legislative requirements. In this report, the reader will find 11 sections highlighting various aspects of higher education. Sections 1 through 9 reflect the nine "critical success factors" identified by the General Assembly for South Carolina's public colleges and universities (Section 59-103-30). Data from both institutional effectiveness and performance funding reporting are combined in these sections. Often the data is presented by type of institution or sector, as identified in the legislation. The four sectors of institutions as defined in legislation are: (1) Research Universities; (2) Four-Year Colleges and Universities; (3) Two-Year Institutions-Branches of the University of South Carolina; and (4) State Technical and Comprehensive Education System. The CHE maintains historical data on institutions and when appropriate, three years of data are presented for comparison. Section 10, "Campus-Based Assessment," includes a summary of other institutional effectiveness reporting and the web addresses where detailed institutional reports are located. Finally, Section 11 contains each institution's performance ratings as approved by the CHE on June 2, 2005. These ratings affected the allocation of state appropriations for the 2005-2006 fiscal year. (Contains 15 tables and 17 figures.) [For the 2007 edition of this report, see ED500526.]