This paper provides data on the cost of educating undergraduate elementary education students enrolled in the University of Georgia College of Education in 1967-68. Introductory sections describe review of the literature and procedures for determining unit cost through cost allocation based on the earned quarter hour of credit. Data, presented in tables and discussed briefly, includes: 1) quarter hours of earned credit for the Colleges of Education and Arts and Sciences; 2) total expenditures and cost per earned quarter hour for ten cost categories, e.g., administration, physical plant, libraries, instruction, research; 3) suggested elementary education undergraduate program including quarter hours in each college; 4) costs per student (freshman, sophomore, junior, senior) in each category in the suggested program; 5) total expenditure per student by cost category, college, and class; 6) total instructional costs and costs per earned credit hour in each year (1960-68); and 7) summary of total costs of general instruction and instruction excluding research in 1967-68. (The summary section concludes that the cost of instruction plus costs for such services as libraries, administration, and physical plant per earned quarter hour of credit was $47.28 in the College of Education and $29.85 in the College of Arts and Sciences with the total cost of instruction excluding research about $1,792,000.) (JS)