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Posted inTimes Record

Bowdoin College expects to lose more than $8 million by the end of the semester

Bowdoin was allocated $1.12 million through the Coronavirus Aid, Relief and Economic Security (CARES) Act passed by Congress. Half of the funds, about $562,000 must go toward low-income students and the other half can be used to help defray the costs incurred with the transition to remote learning. Bowdoin officials have not yet decided whether to accept the funds.