is preparing to become a world leader in education.

"This is an exciting time for Bermuda College, its faculty, staff and students,'' said chairman of the Board of Governors Brian Hall.

"The Board's goal is to allow Bermuda College to earn its place among the world's leading institutions of education.'' This week the Board disclosed a series of initiatives in its "multi-level'' strategy.

And College president George Cook said the school was in the process of creating a five to ten year "master plan'' to provide clear goals for the school's development.

The Board is also currently reviewing the 1974 Bermuda College Act.

Although no specific points in the Act had been targeted, Dr. Cook said the College had become a "mature institution'' in need of greater flexibility.

"It's a natural stage of growth,'' he said.

He said questions regarding whether or not the College should be allowed to grant degrees or borrow money may be addressed.

Also, some $50,000 of this year's budget has been set aside for the creation of a faculty development centre.

"The main point is that the Board wishes to support professional development and provide support staff,'' said Dr. Cook.

Surveys will also be held later this year to assess the level of popularity of College residences.

Dr. Cook said a residential programme would benefit both the students and the Bermudian community.

"It will add to the social life of the institution with more activities taking place throughout the day,'' he said.

"And it would give us the opportunity to recruit internationally and to increase tourism.''