This report outlines the Commission's tasks and progress in fulfilling the goals of the "Comprehensive Statewide Plan for Postsecondary Education." The "Plan" identifies goals that lead to an educationally and economically sound, vigorous, and synchronized system of higher education. The "Plan," considered a "living document," defines the role and mission of each public higher education institution in Nebraska. When developing proposals for new facilities or academic programs, Nebraska's public colleges and universities must do so in compliance with the "Plan." This report delineates the Commission's activities during the past two years in (1) implementing a statewide, comprehensive plan to guide Nebraska's higher education system, in collaboration with the state's colleges and universities; (2) administrating student financial aid and other federal programs; (3) conducting research and publishing reports on issues pertaining to higher education; (4) providing information and advice on higher education to the Legislature; (5) authorizing academic programs; (6) approving proposals for facilities; and (7) reviewing the institutions' budget proposals and making recommendations on those requests to the Governor and the Legislature. These actions mostly affect the community colleges, the Nebraska State College System, and the University of Nebraska.