For Borrowers

The Finance Authority of Maine (FAME) is recognizing April as Financial Literacy Month by offering a variety of statewide initiatives and educational workshops intended to promote the importance of financial education to Maine citizens.

FAME’s College Access and Financial Education (CAFÉ) Team will be visiting schools throughout Maine to present a variety of topics intended to improve the financial capability of Maine students. From kindergarten to college and beyond, FAME offers a diverse selection of financial education initiatives to Maine students.

FAME’s CAFÉ Team annually presents financial education sessions to several thousand Maine students. These sessions are offered directly in the school or college setting through presentations, games and a variety of hands-on learning activities.  

 
FAME also partners with American Student Assistance (ASA) to revolutionize how Maine college students manage their finances and student loans. Through the innovative educational membership program SALT®, powered by ASA and administered through a pilot program created by FAME, Maine college students and alumni receive financial education and pro-active debt management education and services free-of-charge. FAME launched the pilot at Husson University last fall, with an additional nine institutions having signed-on to the program since then. The pilot is funded by the Maine College Access Challenge Grant, a federal grant administered by FAME. Students should contact their college directly for more information about SALT.

“FAME’s financial education efforts have become a key and growing part of our mission. We provide outreach to schools throughout the state, from Aroostook to York Counties, in order to help prepare Maine students for financially prudent futures,” stated FAME Chief Executive Officer Beth Bordowitz. “FAME is a proud co-sponsor of the upcoming financial literacy conference for education professionals.” 

“Fostering Financial Literacy in Maine Schools Conference,” the fourth annual financial literacy conference for Maine teachers, administrators, counselors and others, will be held at the Augusta Civic Center on May 2, 2013 from 8:00 a.m. to 4:00 p.m.  FAME again is sponsoring the conference along with the Maine Office of Securities, the Maine JumpStart Coalition, the Maine Credit Union League, and others. FAME staff also will be presenting at the event, which is designed to help Maine teachers develop strategies for educating students about the basics of earning, saving, spending and investing money.

For more information on the financial literacy conference, please visit:

http://jumpstart.org/states-maine.html

FAME is a quasi-independent state agency that provides innovative financial solutions to help Maine citizens pursue businesses and educational opportunities. To learn more about FAME, please visit www.famemaine.com.