FIRST AMERICAN FUNDS INC
NSAR-A, 1998-06-01
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<PAGE>      PAGE  1
000 A000000 03/31/98
000 C000000 0000356134
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 FIRST AMERICAN FUNDS
001 B000000 811-3313
001 C000000 8006372548
002 A000000 2 OLIVER STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C010200  2
007 C020200 FIRST AMERICAN PRIME OBLIGATIONS FUND
007 C030200 N
007 C010300  3
007 C020300 FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND
007 C030300 N
007 C010400  4
007 C020400 FIRST AMERICAN TREASURY OBLIGATIONS FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C020600 FIRST AMERICAN TAX FREE OBLIGATIONS FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 U.S. BANK NATIONAL ASSOCIATION
008 B00AA01 A
008 C00AA01 801-0000
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55480
010 A00AA01 SEI INVESTMENTS MANAGEMENT CORPORATION
010 C01AA01 WAYNE
010 C02AA01 PA
010 C03AA01 19087
015 A00AA01 U.S. BANK NATIONAL ASSOCIATION
<PAGE>      PAGE  2
015 B00AA01 C
015 C01AA01 ST PAUL
015 C02AA01 MN
015 C03AA01 55101
015 E03AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    4
019 C00AA00 FIRSTAMERI
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020 C000003      0
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020 C000005      0
020 C000006      0
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020 C000008      0
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020 C000010      0
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066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
077 A000000 N
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025 B000201 13-2975144
025 C000201 D
025 D000201  175000
025 A000202 GOLDMAN SACHS
025 B000202 13-5108880
025 C000202 D
025 D000202  146813
025 A000203 MORGAN STANLEY
025 B000203 13-2655998
025 C000203 D
025 D000203   75000
025 A000204 BANKERS TRUST
025 B000204 13-3166617
025 C000204 D
025 D000204   59980
025 A000205 MERRILL LYNCH
025 B000205 13-5674085
025 C000205 D
025 D000205   59953
025 A000206 SALOMON SMITH BARNEY
025 B000206 13-2975144
025 C000206 D
025 D000206   49846
025 A000207 DONALDSON, LUFKIN & JENRETTE
<PAGE>      PAGE  3
025 B000207 13-2741729
025 C000207 D
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025 A000208 J.P. MORGAN
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
025 D000303   70000
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<PAGE>      PAGE  7
062 A000300 Y
062 B000300   0.0
062 C000300  50.9
062 D000300  39.1
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062 H000300   0.0
062 I000300   0.0
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062 L000300  10.0
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063 B000300  0.0
064 A000300 N
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<PAGE>      PAGE  8
072 Z000300    38264
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025 A000401 SALOMON SMITH BARNEY
025 B000401 13-2975144
025 C000401 D
025 D000401  930000
025 A000402 BEAR STEARNS
025 B000402 13-2975144
<PAGE>      PAGE  9
025 C000402 D
025 D000402  450000
025 A000403 NOMURA SECURITIES
025 B000403 13-2642206
025 C000403 D
025 D000403  400000
025 A000404 DONALDSON LUFKIN & JENRETTE
025 B000404 13-2741729
025 C000404 D
025 D000404  237002
025 A000405 FIRST UNION
025 C000405 D
025 D000405  220000
025 A000406 PRUDENTIAL SECURITIES
025 B000406 22-2347336
025 C000406 D
025 D000406  220000
025 A000407 UBS SECURITIES
025 B000407 13-2932996
025 C000407 D
025 D000407  220000
025 A000408 CS FIRST BOSTON
025 B000408 13-5659485
025 C000408 D
025 D000408  220000
025 A000409 MERRILL LYNCH
025 B000409 13-5674085
025 C000409 D
025 D000409  200000
025 A000410 GOLDMAN SACHS
025 B000410 13-5108880
025 C000410 D
025 D000410  200000
025 D000411       0
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
037  000600 N
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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SIGNATURE   MIKE BEATTIE                                 
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000356134
<NAME> FIRST AMERICAN FUNDS
<SERIES>
   <NUMBER> 020
   <NAME> PRIME OBLIGATIONS CLASS 4 - CORPORATE TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                          6271246
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<RECEIVABLES>                                        0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000356134
<NAME> FIRST AMERICAN FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> PRIME OBLIGATIONS INSTITUTIONAL CLASS Y
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               MAR-31-1998
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