University of Maine System's Public Universities Directly Invested More Than $630 Million in the Maine Economy in FY23
January 18, 2024
January 18, 2024
ORONO, Maine, Jan. 18 -- The University of Maine System issued the following news release:
The University of Maine System (UMS) invested more than $630 million directly into the Maine economy last fiscal year through payroll and purchasing, a new analysis shows.
UMS is among the state's largest employers and in FY23, System payroll directly supported 14,640 faculty, staff and student workers, providing $526 million in total compensation and benefits.
Beyond . . .
The University of Maine System (UMS) invested more than $630 million directly into the Maine economy last fiscal year through payroll and purchasing, a new analysis shows.
UMS is among the state's largest employers and in FY23, System payroll directly supported 14,640 faculty, staff and student workers, providing $526 million in total compensation and benefits.
Beyond . . .