(a) Prior to the institution seeking approval for a new degree program from its governing board, each institution's Chief Academic Officer, or delegate, shall provide notification to Board Staff of the institution's intent to engage in planning for a new degree program. The Planning Notification shall contain the following information:(1) The proposed title of the degree;(2) The proposed degree designation;(3) The proposed CIP Code; and(4) Anticipated date of submission.(b) Not later than sixty days after Board Staff receives the Planning Notification, Board Staff shall provide the institution a report including available labor market information and other relevant data to inform the institution's planning for the proposed program.