
Chancellor Daniel Malloy. He’s a Former Prosecutor, lawyer, Mayor and Two-Term Governor of Connecticut. In 2016, he Was Honored as the John F. Kennedy Profile in Courage Award.
The Finance, Facilities and Technology Committee of the University of Maine System Board of Trustees approved a resolution this morning recommending that the full Board adopt an FY22 budget that would hold in-state tuition rates flat for students of the University of Maine System.
The proposed budget would help keep the costs of higher education down for Maine students and families impacted by and working to move past the COVID-19 pandemic.
If adopted later this month, the $578 million spending plan will be the seventh UMS budget in the last ten years to hold tuition rates flat for Maine students, steadily reducing the cost of tuition as a percentage of Maine per capita income since 2013. The Board will consider final approval of the budget on June 25th.
In May, Chancellor Malloy and Trustees delayed passage of an earlier budget proposal that would have included a 2 – 4 % inflation-based increase to tuition rates for all students. The delay gave University leaders an opportunity to consider the financial impacts of strong May 1 first year and transfer deposit activity and a proposal from Governor Mills after the FTC Committee’s May 5th meeting to increase the state UMS appropriations by 3% – FY 22 and FY 23.
“Our students experience Maine at universities that prioritize our student safety and success and deliver a world-class education,” said Chancellor Malloy in a press release issued this morning. “With strong support from Governor Janet T. Mills and Legislators, we can provide a more affordable return to normalcy for our Maine students.”
The Maine System consists of seven Maine campuses; from the Portland campus to Machias.