The College of the Marshall Islands has completed three months work on a report that will determine whether it maintains its United States accreditation, and the 4 million US dollars in annual funding that comes with it.
The report says the college has met or set in motion, action to meet the five major eligibility problems that U.S. Western Association of Schools and Colleges identified, and has also made major progress on the more than 25 recommendations for improvements.
The two most important of the five eligibility conditions related to lack of financial support from the government and internal accountability.
Last month, the Marshall Islands government made a major, long-term financial commitment to the college increasing funding this fiscal year from 794,000 dollars to 2.2 million.
It also approved a minimum of 3 million annually for a five-year period from fiscal year 2005 and forgave various taxes and fees due from the college amounting to more than $1.6 million.
A team from the Association arrives in Majuro next week to review the college's progress and a final decision on its accreditation will be made in January.
