A study was conducted at the College of the Redwoods to analyze the fiscal, institutional, and instructional impact of the Redwood Employees Protection Plan (REPP) program, a federally funded retraining program for timber workers displaced by redwood park expansion. The study involved telephone interviews with 37 former and current students, 16 faculty members, and 3 counselors regarding their experiences with the program. In addition, REPP contracts, budget reports, student schedules, and data from the Learning Assistance Center and Business Office were analyzed to determine the costs and revenues of the program. Selected findings revealed: (1) more than 50% of the REPP students reported satisfaction with the program, their courses, and their instructors; (2) at least 30% said they needed more information, encouragement, and guidance to explore new careers and educational opportunities; (3) 63% of the instructors indicated that REPP students generally performed above average in class; (4) all of the counselors indicated that REPP students initially required more than average counseling time and two felt that REPP students had higher than average completion/success rates; and (5) net revenue to the district resulting from REPP totaled $42,291.45 in fall 1981. Based on study findings, recommendations were made for improving the program and for future involvement in specially funded programs. The survey instruments and job market data are appended. (DAB)