The Annual Submission of Financial Statements and Compliance Audits, 2012-13 (ASFS 2012-13), is a study that is part of the Annual Submission of Financial Statements and Compliance Audits program. ASFS 2012-13 is a cross-sectional survey that collects data from postsecondary institutions in the form of annual audited financial statements. The study was conducted using a web-based data collection system where postsecondary institutions submitted information. The universe of postsecondary schools was sampled. The study's response rate was 100 percent. Key statistics produced from ASFS 2012-13 are on the disbursement of Title IV funding, compliance to federal regulations regarding Title IV funding, and overall financial health of institutions.