The Vermont Basic Competency Program is described, and its assessment results are reported for its second year of implementation. Data were collected on students in Vermont who were born in 1963, who are in the high school class of 1981 (which will be the first class to require mastery of 51 basic competencies for graduation), and who have already achieved mastery in each of the competencies (i.e., reading, 8; writing, 8; speaking, 7; listening, 3; and mathematics, 25). The results are presented and compared for the school years 1977-78 and 1978-79. Bar graphs for both years show the percent of pupils mastering each competency and depict many large gains made between the two assessment periods. The report also includes: (1) a history of the program; (2) types of assistance given the local school districts by the Vermont Department of Education; (3) the 51 competency statements written as behavioral objectives; and (4) the sample Pupil Progress Record Form kept for each student enrolled in a Vermont public school. (RL)