The University of Maine is looking into tapping campus reserve funds to help deal with a larger-than-anticipated budget shortfall. At a University of Maine System meeting this week, President Joan Ferrini-Mundy said that, with enrollment significantly lower than expected, the school is projecting to bring in about $15 million less in tuition revenue this year. "We were not predicting the drop in enrollment that the University of Maine experienced this year. That was not factored into our budgeting. Fall of '22, we were down significantly from our projections, and from, certainly, what we had been looking at over the previous decade," she said.
