In an effort to determine the most effective school calendar system, a task force was formed at Pennsylvania's Reading Area Community College to examine the advantages and disadvantages of converting from the college's current term calendar to a semester system. The task force examined the experiences of 11 other institutions that had undergone similar calendar changes. Three subcommittees were also formed to examine possible effects on campus services. The first subcommittee reviewed issues related to student services, conducting surveys of Student Services staff, transfer students, and 234 current students. These surveys revealed that staff responses to 86% of the survey questions indicated a preference for a semester calendar, while student preferences were split. The second committee examined academic issues, reviewing effects on such student-centered issues as curricula, basic skills development, course transfer, and student course load; such faculty-centered issues as teaching load and the use of adjunct faculty; and such college-wide issues as library use, scheduling, pre-registration, and educational quality. The results of this analysis indicated that a semester system would prove beneficial. The final committee considered financial issues pertaining to enrollment; staffing and non-employee expenses; state, federal, and local funding; continuing education; and conversion costs, finding that conversion would be financially feasible. Appendixes provide the student, employee, and faculty surveys; a term versus semester system student credits estimate; and faculty survey responses. (TGI)