[Code of Federal Regulations] [Title 34, Volume 3] [Revised as of July 1, 2002] From the U.S. Government Printing Office via GPO Access [CITE: 34CFR606.8] [Page 225-226] TITLE 34--EDUCATION DEPARTMENT OF EDUCATION PART 606--DEVELOPING HISPANIC-SERVING INSTITUTIONS PROGRAM--Table of Contents Subpart A--General Sec. 606.8 What is a comprehensive development plan and what must it contain? (a) A comprehensive development plan is an institution's strategy for achieving growth and self-sufficiency by strengthening its-- (1) Academic programs; (2) Institutional management; and (3) Fiscal stability. (b) The comprehensive development plan must include the following: (1) An analysis of the strengths, weaknesses, and significant problems of the institution's academic programs, institutional management, and fiscal stability. [[Page 226]] (2) A delineation of the institution's goals for its academic programs, institutional management, and fiscal stability, based on the outcomes of the analysis described in paragraph (b)(1) of this section. (3) Measurable objectives related to reaching each goal and timeframes for achieving the objectives. (4) Methods and resources that will be used to institutionalize practices and improvements developed under the proposed project. (5) Its five year plan to improve its services to Hispanic and other low-income students. (Authority: 20 U.S.C. 1101 et seq.)