There is a direct relationship between the care with which the book collection is developed and the success of the library. Questions which must be answered before developing a selection policy statement include: How large, broad or intensive should the periodical collection be? What should the policy be on back files of periodicals? On periodical indexes? Also basic questions on audio materials must be answered. A policy statement must also take into account the hard facts of what an institution can and will do in supporting the program. In addition, the policy statement should spell out the methods of selection development to be used, including the extent and manner in which faculty and nonlibrary staff will be used. Initial undergraduate collections vary in size from 15,000 to 60,000 volumes, with maximums expected ranging from 62,900 to 200,000. The size of the institution, availability of research collections and other libraries and the nature of educational programs are factors which help govern the size and nature of the undergraduate library collection. (NH)