LD 1343 LR 1573(02)
An Act To Increase Access to Postsecondary Education for Maine National Guard Members
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
Fiscal Note
Potential tuition revenue loss - Public post-secondary educational institutions
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $500,000 $500,000 $500,000 $500,000
General Fund $500,000 $500,000 $500,000 $500,000
Fiscal Detail and Notes
The bill establishes the Maine National Guard Postsecondary Fund within the Department of Defense, Veterans and Emergency Management and provides General Fund appropriations to the department of $500,000 beginning in fiscal year 2015-16 to provide tuition assistance to eligible members.
The requirement that the University of Maine System, the Maine Community College System and Maine Maritime Academy waive tuition costs that exceed the amount of tuition benefit a member receives from the Maine National Guard Postsecondary Fund may result in a loss of tuition revenue to the State's public postsecondary educational institutions. The University of Maine System estimates it's loss of revenue to be approximately $550,000 per year. No estimate is available for the other institutions at this time.