<PAGE> PAGE 1
000 B000000 02/29/96
000 C000000 0000315748
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.
001 B000000 811-3055
001 C000000 4105472000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
018 000000 Y
019 A000000 Y
019 B000000 72
019 C000000 TROWEPRICE
022 A000001 MORGAN (J. P.) SECURITIES INC
022 B000001 13-3224016
022 C000001 436824
022 D000001 304386
022 A000002 GOLDMAN SACHS & CO
022 B000002 13-5108880
022 C000002 323421
022 D000002 58100
022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH INC
022 B000003 13-5674085
022 C000003 321789
022 D000003 30432
022 A000004 MORGAN STANLEY & CO INCORPORATED
022 B000004 13-2655998
022 C000004 172505
022 D000004 139941
022 A000005 LEHMAN BROTHERS
022 B000005 13-2518466
022 C000005 139817
022 D000005 83046
022 A000006 SMITH BARNEY
022 B000006 13-1912900
022 C000006 92292
022 D000006 62486
022 A000007 PAINE WEBBER
<PAGE> PAGE 2
022 B000007 13-2638166
022 C000007 74350
022 D000007 63951
022 A000008 NUVEEN (JOHN) & CO., INCORPORATED
022 B000008 36-2639476
022 C000008 50085
022 D000008 47345
022 A000009 B T SECURITIES
022 B000009 13-4941247
022 C000009 34869
022 D000009 62185
022 A000010 BROWN (ALEX) & SONS INCORPORATED
022 B000010 52-1397689
022 C000010 43762
022 D000010 21164
023 C000000 2014689
023 D000000 1075169
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
028 A010000 47969
028 A020000 1770
028 A030000 0
028 A040000 47769
028 B010000 34337
028 B020000 1687
028 B030000 0
028 B040000 45652
028 C010000 37742
028 C020000 1712
028 C030000 0
028 C040000 38099
028 D010000 50071
028 D020000 2015
028 D030000 0
028 D040000 65369
028 E010000 78144
028 E020000 1529
028 E030000 0
028 E040000 90205
028 F010000 72323
028 F020000 1441
028 F030000 0
028 F040000 44406
028 G010000 320586
<PAGE> PAGE 3
028 G020000 10154
028 G030000 0
028 G040000 331500
028 H000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 100.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 65
063 B000000 0.0
064 A000000 Y
064 B000000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 12
072 B000000 26584
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 2993
072 G000000 0
072 H000000 0
072 I000000 509
072 J000000 90
072 K000000 30
072 L000000 16
072 M000000 12
072 N000000 49
072 O000000 0
072 P000000 0
072 Q000000 99
072 R000000 26
072 S000000 6
072 T000000 0
072 U000000 0
<PAGE> PAGE 4
072 V000000 0
072 W000000 14
072 X000000 3844
072 Y000000 0
072 Z000000 22740
072AA000000 56
072BB000000 0
072CC010000 92
072CC020000 0
072DD010000 22740
072DD020000 0
072EE000000 0
073 A010000 0.0332
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 676753
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 7062
074 M000000 10
074 N000000 683825
074 O000000 2526
074 P000000 44
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 2112
074 S000000 0
074 T000000 679143
074 U010000 679266
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 0.9998
074 X000000 18
074 Y000000 0
075 A000000 681883
075 B000000 0
076 000000 0.00
077 A000000 Y
077 B000000 Y
<PAGE> PAGE 5
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 50000
081 A000000 Y
081 B000000 126
082 A000000 N
082 B000000 0
083 A000000 Y
083 B000000 98734
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE JAMES S. RIEPE
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000315748
<NAME> T ROWE PRICE TAX-EXEMPT MONEY FUND INC
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-29-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 676753
<INVESTMENTS-AT-VALUE> 676753
<RECEIVABLES> 7062
<ASSETS-OTHER> 10
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 683825
<PAYABLE-FOR-SECURITIES> 2526
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2156
<TOTAL-LIABILITIES> 4682
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 679190
<SHARES-COMMON-STOCK> 679266
<SHARES-COMMON-PRIOR> 687293
<ACCUMULATED-NII-CURRENT> 142
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 189
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 679143
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 26584
<OTHER-INCOME> 0
<EXPENSES-NET> 3844
<NET-INVESTMENT-INCOME> 22740
<REALIZED-GAINS-CURRENT> 56
<APPREC-INCREASE-CURRENT> 92
<NET-CHANGE-FROM-OPS> 22888
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 22740
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 665684
<NUMBER-OF-SHARES-REDEEMED> 694978
<SHARES-REINVESTED> 21267
<NET-CHANGE-IN-ASSETS> (7879)
<ACCUMULATED-NII-PRIOR> 142
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 245
<GROSS-ADVISORY-FEES> 2993
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3844
<AVERAGE-NET-ASSETS> 681883
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .033
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .033
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .56
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
