A reverse transfer student is one who has transferred from a four-year college or university to a two-year institution. This study was undertaken to determine the nature and characteristics of reverse transfer students enrolled at Seminole Junior College (SJC) and at Valencia Community College (VCC) in Florida. A 52-item questionnaire was sent to 788 reverse transfer students who had been enrolled at SJC and VCC during fall 1973; of these, 328 (42.2 percent) responded. Resulting data presented include: race, sex, age, marital status, method of transportation, state of residency, type of four-year institution attended, time between leaving four-year institution and entering SJC or VCC, number of hours worked, primary sources of financial support, college majors, number of terms of attendance at four-year institutions, credit hour loads, GPA, future academic plans, parental characteristics, and estimated family income. Also presented are reasons for attending a two-year institution and students' perceptions of their levels of preparation, degree to which they had applied themselves, expected levels of student performance, degree to which they had learned, quality of instruction, and services provided at each kind of institution. Pertinent literature is reviewed, recommendations are made, and the questionnaire with tabulated responses and a bibliography are appended. (DC)