Condition of Awards
All University of Maine System financial aid is subject to applicable standards and criteria, including federal, state and institutional standards and criteria. The information below is not intended to be definitive or comprehensive, but is intended to provide some guidance in each of the listed categories.
The granting of any federal financial aid (e.g., Pell Grants, SEOG & Direct Loans, Work-Study) is contingent upon applicable standards and criteria at the time, including:
- The authorization and appropriation of funds for each program by the federal government;
- The receipt by UMS of anticipated funding levels in each program;
- Final approval of the UMS budget for the academic year; and
- Any changes in federal regulations that affect eligibility status.
Maine State Grant
Financial aid awarded under the Maine State Grant is subject to applicable standards and criteria at the time, including the Finance Authority of Maine’s final need-based determination of eligibility for the Maine State Grant based upon the Finance Authority of Maine’s calculation of expected family contribution.
Financial aid awarded as UMS institutional aid is subject to applicable standards and criteria at the time, including final approval of student charges and university budgets at projected funding levels, including the state allocation, by the University of Maine System Board of Trustees.