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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.