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O.K ., I know that this has been a really long answer , but I really want you to understand . We have significantly exceeded the target of $ 2.5 million and have identified $ 6.5 million in budget reductions and income enhancements that can be captured centrally to help offset cost increases in the 2004-05 budget . The negative pole is called the cathode , while the positively charged pole is called the anode . I 'm pleased to report that we have exceeded the target of $ 5.9 million and have identified cost savings and non-tuition revenue enhancements totaling more than $ 10.6 million . As this slide shows , there had been a steady decline in state funding going into last year ’ s budget . We've never seen a Higgs boson , but we think it has mass . While we are committed to ensuring the quality of a Penn State degree , we are equally committed to cutting costs wherever possible , and cost-cutting strategies B which have been a part of our strategic planning process for years B will continue to be a priority going forward . Anna Griswold ’ s presentation about federal student aid programs has set the stage for a brief discussion of the Higher Education Act which is administered by the U.S. Department of Education and scheduled for reauthorization in 2004 .