The focus of these two reports is on students who transferred from the University of Maryland, College Park (UMCP), and who were studied as a part of the Maryland Longitudinal Study. Results found included the following: (1) transfers in the Representative Group (containing members of all ethnic groups) were equally likely to be male or female; in the Black Group, transfers were twice as likely to be female; academically, transfers were less well prepared; (2) grade point averages were lower and dissatisfaction was greater at the time of transfer; (3) in the Representative Group, transfers in year 2 began thinking about transferring relatively early in year 1; in the Black Group, somewhat later; (4) in the Representative Group, inability to meet academic requirements was the primary reason for leaving, followed by dissatisfaction with the social environment and inadquate financial resources; in the Black Group the same reasons were given, although financial concerns were rated second, followed by dissatisfaction with social life; (5) in year 2, significant numbers of transfer students went to area community colleges; in year 3, Representative Group transfers were more likely to go to other four-year institutions than Black Group transfers; (6) the majority of transfers reported being satisfied with their social lives at their new colleges or universities; (7) transfers appeared to be doing well academically at their new institutions; (8) working long hours appeared to ease to likelihood of dropping out for financial reasons; (9) substantial numbers of transfers appeared to be satisfied with their new institutions; and (10) the data suggest that Black transfers were more likely to continue to transfer after leaving UMCP and to attend two-year colleges. Research Report 4 contains 13 data tables; Research Report 6 contains 5 tables and an appendix. Between them, the 2 reports contain 9 references. (KM)