College Community Discusses Options for College at 2009 Retreat
Palikir, Pohnpei (College of Micronesia): June 4, 2009 - FSM held its 2009 President's Retreat from May 12 - 14 2009, at the FSM-China Friendship Sports Center.
The retreat participants considered some recommended options for the future structure of the college. The options were recommended to the retreat by the college's planning and resources committee. The need to reevaluate the current structure of the college became even more pressing given the current financial constraints that the college is facing.
The following options were evaluated during the retreat:
The retreat participants were given the opportunity to evaluate trends in economic growth of the FSM, enrollment at the college, program completion rates at the college, college readiness of incoming students, and other important issues that the college is facing.
After three days of discussions, the retreat participants were not ready to commit the college to any structural changes regardless of the trends that the college is currently facing. Instead, the current structure or status quo is recommended to be maintained with some streamlining of positions and functions to reduce costs and to ensure consistency.
The college is also faced with the immediate need to make up for a projected shortfall in its FY 2009 - 2010 budget due to a reduced government funding commitment and the downward trends in enrollment. The college is now faced with a budget deficit and is currently working to identify solutions.
For further information on this release, please contact:
FSM Office of the President Public Information: Press, Radio, Video P.O Box 34 Palikir Station, Pohnpei, FM 96941 Tel.: (691) 320-2548/2092 Fax.: (691) 320-4356 e-mail: email@example.com http://www.fsmpio.fm/