The University of Maine at Machias held its annual Honors Convocation on April 25 and presented more than $71,000 in scholarships and awards. The event was held in the campus Performing Arts Center and featured a welcome message from Susan Hunter, President of University of Maine and University of Maine at Machias.
The University of Maine at Machias gave away $71,000 in scholarships at its first Honors Convocation.
It doesn't say if this is the first convocation or not, so there is no way to know.  I think the system didnt get it right because it doesnt say in the story whether this is the first or not.
( z1 give-away :ARG0 ( z2 university :name ( z3 name :op "University" :op "of" :op "Maine" :op "at" :op "Machias" ) ) :ARG1 ( z4 scholarship :cxnsistof ( z5 monetary-quantity :quant 71000 :unit ( z6 dollar ) ) ) :location ( z7 Convocation :mod ( z8 honor ) :ord ( z9 ordinal-entity :value 1 ) :poss z2 ) )