UP to the year 1913–14 the Board of Education presented Annual Reports relating to university institutions in England and Wales in receipt of grants from the Board, but during the war this publication was discontinued. The volume now issued by the University Grants Committee marks the end of this five-years statistical holiday and the starting-point of a series of returns which, including, as they do, Scottish and Irish institutions in receipt of annual grants, and, as they presumably will, the Universities of Oxford and Cambridge and Trinity College, Dublin, will be far more comprehensive and significant than the pre-war returns published by the Board of Education. In eight comparative tables the public is provided with an abundant, but compact, store of information regarding university students of both sexes—whence they came, at what ages they were admitted, where they resided while pursuing their studies, the directions and durations of the courses they followed, the degrees and diplomas they gained—as well as complete statements of the grants made from the Treasury in each of the years 1913-14 to 1919-20. These are followed by notes and statistics and accounts concerning each institution separately. The notes are arranged under such heads as “Faculties and Subjects,” “Extension Work,” “Cost of Living and Hostel Facilities,” “Local Support.” To the accounts of income and expenditure are appended expenditure schedules showing, separately for each department, the salaries of departmental heads, number and salaries of other teachers, cost of departmental and laboratory maintenance, etc. In future years income and expenditure are to be tabulated in comparative statements, and the cost per student of each institution is to be exhibited.