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This paper evaluates the effects of universal free school meals (UFM) on the distribution of student achievement. Exploiting the timing of a pandemic-era USDA policy and data from Florida, I estimate UFM’s effects on reading and math achievement and chronic absenteeism. Consistent with recent work, I find no evidence of improvements in overall student performance; however, this result masks heterogeneity across the distribution of student achievement. Specifically, I find that UFM significantly reduces the proportion of students performing at both the lowest (inadequacy) and highest (mastery) levels. I argue that these adverse effects among top performers are consistent with peer and class size effects induced by increased attendance of lower-achieving students.