In 1992, the Board of Governors of the California Community Colleges (CCC) adopted the Student Equity Policy requiring all districts in the community college system to develop a Student Equity Plan (SEP) to ensure that the composition of students who enroll, are retained, transfer, or achieve their occupational goals in the CCC reflects the diversity of the population of colleges' service areas. Providing guidelines for the development of a SEP, the six sections of this report include the following: (1) an outline of a process for plan development, providing information on the goals of the policy, administrators' role in SEP development and implementation, implementation deadlines, answers to anticipated problem areas, and suggested first steps; (2) a review of data collection needs and recommended indicators for evaluating student equity; (3) a discussion of the impact of campus climate on student persistence and success; (4) an examination of student equity efforts and institutional finances, reviewing the use of supplemental monies, freeing resources from existing funds, and the effect of modifying or linking other college programs; (5) a review of specific institutional efforts (i.e., assessment, institutional commitment, and support for non-native English speakers) and faculty efforts (i.e., learning styles inventories, classroom assessment, and academic mentoring) which can positively affect student success; and (6) a discussion of faculty rewards for integrating cultural diversity into the curriculum. An annotated resource guide and a copy of the legislation are included. (PAA)