The Commission on Higher Education had a student intern from USC-Columbia initiate an analysis of data on the migration of undergraduate first-time transfers to compare trends, growth, and proportions of transfers to and from various sectors and institution types over a three-year period, from 2006-2008. Staff have refined the analysis and produced this report entitled "Migration of Undergraduate First-Time Transfers: Snapshot Analysis." This report shows that since 2006: (1) student transfer from one institution to another has increased significantly (16.8%) and that transfer has increased at a higher rate than opening undergraduate enrollment; (2) transfers out of the technical college system have seen a 22% increase; similarly, transfers out of the regional campuses of USC have seen a 21.2% increase; (3) the number of transfers originating at technical colleges and moving into public research institutions has increased significantly (48.5%); and (4) the number of transfers originating at technical colleges and moving into the comprehensive teaching colleges and universities has increased (15.4%). This report shows that in 2008: (1) Of the 15,658 transfer students, 2,479 (15.8%) were "reverse" transfers from a four-year to a two-year or technical college; and (2) Of 5,587 transfers originating at public and independent two-year institutions, 11.8% made a "lateral" transfer to another two-year institution. (Contains 11 figures.)