Help Set the Course for MMA’s Future

CONTRIBUTIONS TO Maine Maritime Academy’s Annual Fund are used to support annual operations and maintenance and provide financial aid to students in need. Unrestricted gifts keep student costs down by bridging the gap between tuition and annual expenses.

Tuition covered just 42% of MMA’s operating expenses last year; the balance came from state and federal funding, foundation grants, and gifts from alumni, staff, students, and the Academy’s many friends.

The 2021 Annual Campaign raised a record-setting $1,080,200 – the first year our Annual Fund exceeded a million dollars. That equates to $1,256 per student enrolled this year. Where did that money go?

Annual Fund gifts helped re-power and upgrade the Academy’s welding lab. The Annual Fund also helped to pay for a new roof for Leavitt Hall and energy-efficient replacement windows – exponentially important gifts as these will save the Academy money every year.

Additionally, $335,400 in scholarships were awarded in FY2021 thanks to annual pass-through scholarships and augmenting earnings from endowed funds designated for financial aid.
This year’s cash goal is $1,135,000. A gift of any size will be greatly appreciated – even small gifts make a big difference. Will you help set the course for MMA’s future?█

Photos By: Tate Yoder, Maine Center for Coastal Fisheries

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