The latest on the actual number of students that will graduate during the College of Micronesia-FSM 39th Commencement Exercise on May 20, 2004, is 87. This number is much smaller than the number that graduated during the mid-year graduation in December 2004.

The College of Micronesia-FSM had a budget hearing with the FSM Congress Committee on Health, Education, and Social Affairs on Wednesday, May 19, 2004, at the Central Facility at the National Complex. The hearing was also on the two new Board of Regents nominees representing Chuuk State and National Government. It is evident from the hearing that we need to enlighten some of our leaders on the program offerings at the College.

President Joseph J. Urusemal approved the College's request to be included on the agenda for the upcoming EPIC meeting scheduled for May 24-25, 2004, to discuss with the leaders of the Nation infrastructure development for the College and to gain their support for the States to fund the construction of facilities at their respective campuses. The agenda for the upcoming EPIC meeting is attached for your information.

The Campus Directors and the key staff concluded their meeting on Friday, May 14, 2004, at the National Campus. The meeting was a productive meeting and the actions and agreements from the meeting are attached for your information. Questions and concerns on these actions and agreements may be directed to Interim President's Office.

The Board of Regents concluded its May 2004 meeting on Wednesday, May 19. Attached are the directives from the BOR meeting for your information.

Education Division at the National Campus has been contracted by the FSM Division of Education TQEG Project to develop teaching competencies and an exam on the competencies. A workshop on finalizing the teaching competencies and developing the exam is underway at the Sea Breeze Hotel in Pohnpei during this week, May 17-21, 2004. Professor Susan J. Moses is the Coordinator of this project.

I would like to thank all the faculty, staff, and administrators at the College for their dedication and hard work toward making this school year a success.

Thank you.