On Thursday, March 9, the University of Maine System received initial guidance from the U.S. Department of Education regarding allocations and use of federal CARES Act money.
$17.2 million in federal CARES Act funding is being allocated to support University of Maine System institutions. Half of these funds, ($8.63 million) must be disbursed as direct emergency grants to students. Chancellor Dannel Malloy and the Presidents of Maine’s public universities met today to begin developing plans for timely distribution of the funds. University guidance on CARES Act distributions and adjustments in students fees will be available by April 24.