|College of Micronesia-FSM
Federated States of Micronesia
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|January - Palikir, Pohnpei|
M E M O R A N D U M
February 6 , 2008
To: All Concerned
From: President, COM-FSM
Subject: President's Update #305
The training workshop on the Accreditation Self-Study Report Writing that has been tentatively scheduled to be held at the Kapiolani Community College in Honolulu , Hawaii , during the week of March 17, 2008 , for the Palau Community College and the COM-FSM staff has been relocated to Guam Community College in Guam during the same week.
COM Land Grant Board of Regents
The College of Micronesia Land Grant Regents recently met in Guam on January 8, 2008 , and adopted the following directives:
This decision is made now so that it provides guidance to the CRE VP/Dean as they meet, in early March, with their colleagues in Carripac project to plan out the future of the Carripac RI program.
COM Endowment funds under the Alliance management to Renaissance Investment Management (Large Cap Growth). The Investment advisors, Mr. Roland and Mr. Miyashita, shall provide, in writing, their recommendations to this effect, as noted above, to the COM Executive Director for the Board’s file prior to the execution of this directive.
5. The COM Board of Regents elects its 2008 Board officers as follows:
COM-FSM Board of Regents
The upcoming COM-FSM Board of Regents has been scheduled during the week of March 10-13, 2008 , in Kosrae. One of the major agenda items of the BOR meeting will be on status of Chuuk permanent site and the status of the current lease agreement on the current site.
The Board of Regents approved at its December 18-20, 2007 meeting in Pohnpei $80,000 for purchase of a generator and re-wiring of the Chuuk Campus from a single phase system to a three phase system and will need an update on these at their next meeting.
Friday, February 22, 2008 , is the deadline for submission of reports and documents for the Board meeting notebook.
The administration of the College learned from Regent Andrew Yatilman, Chairman of the COM-FSM Board of Regents, that President Mori has nominated Mr. Kangichy Welle to replace him on the Board. This information has been confirmed by a press release from the FSM President's Office.
Kosrae Campus Upward Bound Program
The Director of the Upward Bound Program at Kosrae Campus has informed the President’s Office that the U.S Department of Education has approved a request for the Upward Bound Program's College Orientation Visit to the COM-FSM National Campus during the week of April 26-May 2, 2008. A total of 25 11 th grade students from Kosrae High School will be participating in this orientation visit to National Campus and students will be housed at the National Campus dorms.
System Wide Enrollment for Spring Semester 2008
The following are the Spring Semester 2008 Enrollment at Campuses:
The system wide Spring Semester 2007 enrollment was at 2266 students compared to 2044 for Spring Semester 2008 enrollment. The Spring Semester 2008 enrollment decreased by about 222 students or by 9.8%. This equates to about $275,000; that is if each of these 222 students is taking 12 credits (FTE).
The system wide Fall Semester 2007 enrollment also decreased by about 146 students as compared to Fall Semester 2006 enrollment. This equates to about $181,040 loss of revenue from tuition and fees.
Enrollment Management Working Group
Due to recent decreases in system wide enrollment, low retention rate and lack of plans at the College to recruit and retain students, the President has established an Enrollment Management working group consisting of the following administrators, faculty, and staff:
The purpose of the working group is to develop a plan for recruitment and retention of students, including goals and objectives and implementation strategies. The President is asking the working group to complete the Enrollment Management Plan by Summer 2008.
Retention Rates at the COM-FSM Campuses
The following table and graph showed the retention rate at the COM-FSM Campuses:
|Source: Institutional Research and Planning Office, COMFSM|
There is a need for the campuses to improve on their retention rates, especially, especially the programs being offered at each campus.
Working Group on Timeline for Implementation of Governance Structure:
The President has established a working group on establishment of the timeline for implementation of the Governance Structure at the College. The following staffs have been appointed to serve on this working group:
The working group has been tasked with establishing the implementation of the Governance Structure at the COM-FSM. The timeline for completing their tasks is by the end of April 2008.