An Act To Increase the College Graduation Rate in Maine

CONCEPT DRAFT SUMMARY

This bill is a concept draft pursuant to Joint Rule 208.

This bill proposes to create a college scholarship fund for postsecondary students who have left school after making considerable progress towards completion of their undergraduate degrees and who are unable to return without financial assistance.

The fund would be established and administered by the State, with initial funding of equal amounts from the State, universities in this State and the private sector.