Please do not leave this page until complete. This can take a few moments.
More than two dozen Maine institutions of higher education will receive $41.6 million in the first round of federal relief funding for colleges and universities through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Of that amount, at least $20.5 million must be used for emergency financial aid grants to students, according to a news release.
With the funds, colleges and universities will offer direct aid to students to help them pay for items such as food, housing, course materials, technology, health care and child care. Schools may also use their funding to purchase technology to expand remote learning and to defray costs associated with lost revenue.
“This investment will help Maine’s institutions of higher education offset the economic harm they have experienced due to the coronavirus, ensure faculty have the tools they need to continue to provide quality instruction, and support students,” U.S. Sen. Susan Collins, R-Maine, said in the release.
Nationwide, the CARES Act provides several different methods for distributing roughly $14 billion in funds to institutions of higher education. The most significant portion of that funding provides $12.56 billion to institutions using a formula based on student enrollment. Of that amount, at least 50% must be for emergency financial aid grants to help cover student expenses related to the disruption of campus operations due to coronavirus.
The act provides institutions with discretion on how to award the emergency assistance to students. Each institution may develop its own system and process for determining how to allocate the funds, which may include distributing the funds to all students or only to students who demonstrate significant need.
Maine schools receiving funds include:
The CARES Act also awarded $83.3 million to help Maine’s public transportation systems respond to the pandemic. The money is part of a $25 billion national allocation intended to help transit agencies continue service while facing declines in fare revenues.
“Many Mainers in both urban and rural communities depend on public transit, but these systems are facing financial pressures due to the ongoing pandemic. This investment will help ensure that public transportation remains strong and reliable so that people can access medical care, grocery stores, pharmacies, and other necessities during this difficult time,” Collins said in a separate news release.
The U.S. Department of Transportation is working with the Centers for Disease Control and Prevention and other federal partners to provide guidance to the public transportation industry in response to the coronavirus.
Editor's Note: This article has been updated to include the funding award to Maine College of Art.
This was kept awful quiet by the colleges....
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
1 Comments