This report examines state policies and policy development activities regarding student preparation for college. Three policy areas are the focus of the analysis: (1) raising admissions requirements for public four-year colleges, (2) providing regular feedback to high schools on student preparation, and (3) establishing statewide merit aid programs. It is reported that the most common change that states imposed in admissions was the establishment of high school course requirements, followed by policies regarding academic achievement standards. The establishment of formal feedback systems to provide high schools with data on the academic performance of their recent graduates in college have been only partially fulfilled, with 24 states having no mandated policy of feedback from colleges to schools. Twenty-seven states, however, have established a policy that feedback systems should be in place and 19 of these have fully established feedback systems. Statewide merit aid programs are present in 30 states totalling 41 merit aid programs. Twenty states are considering initiatives in one or more of the three policy areas discussed, and a total of 28 initiatives are either under consideration or in development within these states. (GLR)