An Act To Enhance the Maine State Grant Program
Be it enacted by the People of the State of Maine as follows:
Sec. 1. Appropriations and allocations. The following appropriations and allocations are made.
FINANCE AUTHORITY OF MAINE
Student Financial Assistance Programs
Initiative: Provides funds to augment the Maine State Grant Program by $9,600,000 in each fiscal year of the biennium.
| GENERAL FUND | 2007-08 | 2008-09 |
|
All Other
|
$9,600,000 | $9,600,000 |
 |
|
|
| GENERAL FUND TOTAL | $9,600,000 | $9,600,000 |
summary
This bill makes ongoing General Fund appropriations of $9,600,000 per year to the Finance Authority of Maine for the Maine State Grant Program to enhance postsecondary educational opportunities for Maine students attending Maine colleges and universities.