Thanks to Ehlana for these info
You need to finish Cease and Desist Quest first to make this one appear. Visit THIS PAGE to know more about the quest.
 Prepare to protect yourself from the academy! Collect from habitats 20 times.
Rewards: 50 XP and 100 Coins
 Build your stores! Harvest crops 10 times!
Rewards: 125 Food and 125 Coins
 Try to hatch the new monster (No need to be Celestial, You can use fire).
There is a report that you can finish the quest by hatching “any” monsters though…
Rewards: 50 XP and 150 Food
 Have the new monsters at level 10 (what you hatch on quest number 3)
Rewards: 5 diamonds and 100 Coins
 Have an upgraded Starchart Habitat (37 hours and 500.0oo Coins)
Rewards: 1000 XP and 10/50 diamonds