SEC. 57. Specific Functions of the CHED-ARMM. - The CHED-ARMM shall be specifically charged to administer, supervise, and promote higher education as well as degreegranting programs in all higher education institutions in the region, and to perform the following functions: (1) Formulate, adopt and evaluate plans, programs, projects, education standards, and curricular designs; (2) Formulate and recommend to the Regional Governor development plans, policies, priorities and programs on higher education and research, including higher Madaris education, in ARMM; (3) Initiate and encourage institutional development and improvement through technical assistance to related programs and projects; (4) Compile, analyze and evaluate data on higher education including masteral and doctoral courses and studies; (5) Conduct periodic supervision and inspection of colleges and universities to insure that proper educational standards for higher education are being met and complied with; (6) Set minimum standards for programs in the institutions of higher learning including higher Madaris education as maybe recommended by the CHED-ARMM Technical Panel, subject to public hearings; (7) Monitor and evaluate the performance of programs and institutions of higher learning in the ARMM and recommend to the Commission appropriate incentives as well as the imposition of sanctions such as, but not limited to a diminution or withdrawal of subsidy, a downgrading or withdrawal of accreditation, program termination or closure of the Higher Education Institution; Identify, support and develop potential centers of excellence in program areas in the region needed for nation-building and national development; (8) (9) Develop criteria for allocating additional resources such as research and program development grants, scholarships, and other similar programs provided, however, that these shall not detract from the fiscal autonomy already enjoyed by colleges and universities within the region; (10) Direct or re-direct purposive research by institutions of higher learning within ARMM to meet the needs for regional development; (11) Devise and implement resource development schemes for ARMM; (12) Review the charters of institution of higher learning and state universities and colleges, including the chairmanship and membership of their governing bodies, and recommend to the Commission appropriate measures as basis for necessary action; and 86