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130th MAINE LEGISLATURE |
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LD 761 |
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LR 275(02) |
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An Act To
Establish the Maine Community College System Pell Grant Match Program |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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$3,600,000 |
$3,600,000 |
$3,600,000 |
$3,600,000 |
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| Appropriations/Allocations |
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General Fund |
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$3,600,000 |
$3,600,000 |
$3,600,000 |
$3,600,000 |
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| Fiscal Detail
and Notes |
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This bill
establishes the Maine Community College System (MCCS) Pell Grant Match
Program and includes ongoing General Fund appropriations of $3,600,000 per
year beginning in fiscal year 2021-22 for the program. Additional costs to the MCCS to establish
and administer the program can be absorbed with existing budgeted resources. |
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