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Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Mass Maritime Academy

Marad Provides Direct Assistance to the Six State Maritime Academies Smas Each Fiscal Year. This Funding Ensures the U.s. Has a Continuous Supply of Capable and Well-trained U.s. Merchant Mariners. Direct Payments Help the Smas Offset the Cost to Train Credentialed Uscg Merchant Mariner Officers and Strengthen the Ability to Maintain High Quality Faculty, Innovative Facilities, and State of the Art Technology

Committed

$1.0 Million

Paid to

UEI M8BJB6L65EC4

101 Academy DR, Buzzards Bay, MA, 02532

Department of Transportation

Maritime Administration

Place

BUZZARDS BAY, MA, UNITED STATES

MA-09

Performance

Sep 30, 2023 → Oct 1, 2024

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Department of Transportation

Maritime Administration

State Maritime Schools to

Mass Maritime Academy

Committed

$1.0 Million

Paid to

Mass Maritime Academy

UEI M8BJB6L65EC4

101 Academy DR, Buzzards Bay, MA, 02532

Department of Transportation

Maritime Administration

Place

BUZZARDS BAY, MA, UNITED STATES

MA-09

Performance

Sep 30, 2023 → Oct 1, 2024

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗