IN 1964, THE UNIVERSITY OF CALIFORNIA EXTENSION SET UP AN AUTONOMOUS DAYTIME PROGRAM WHICH NOW OFFERS 100 CLASSES, CONFERENCES, AND LECTURE PROGRAMS IN FOUR LOCATIONS IN THE SAN FRANCISCO BAY AREA. HOW THE DAYTIME STAFF FACED PROBLEMS OF ACADEMIC CREDIT, NEED FOR RISK CAPITAL IN AN INNOVATIVE EFFORT, AND MANAGEMENT OF FACULTY RELATIONS AND USE OF VOLUNTEERS TO REACH INTO THE COMMUNITY, FORM THE CORE OF THIS REPORT. DIFFERENCES BETWEEN THE DAYTIME PROGRAM AND THE REST OF UNIVERSITY EXTENSION ARE--NEW TYPE OF STUDENTS ARE ATTRACTED, STUDENT AND FACULTY ENERGY IS HIGH, AND FACULTY IS EASILY RECRUITED. IN THE FUTURE, INCREASED ENROLLMENTS, MORE EMPHASIS ON CONTINUING PROFESSIONAL EDUCATION, AND EXPANDED PROGRAMS FOR WOMEN ARE ANTICIPATED. BECAUSE OF RISING COSTS, THE DAYTIME PROGRAM IS SEEKING SUPPORT FROM OUTSIDE SOURCES TO AUGMENT STUDENT FEES IN FINANCING TOP QUALITY EDUCATION. VIRGINIA BULLARD'S INSIGHTS ON THE ISSUES OF FINANCE, CREDIT, AND AUDIENCE INVOLVEMENT ARE BASED ON HER EXPERIENCES WITH A SIMILAR PROGRAM AT NORTHEASTERN. THE DOCUMENT INCLUDES TABLES AND THE QUESTIONNAIRE USED TO SURVEY THE NEED FOR THE PROGRAM. THIS DOCUMENT IS ALSO AVAILABLE FROM THE CENTER FOR THE STUDY OF LIBERAL EDUCATION FOR ADULTS AT BOSTON UNIVERSITY, 138 MOUNTFORT STREET, BROOKLINE, MASSACHUSETTS 02146, FOR $0.75. (AJ)