FAME CEO Beth Bordowitz Elected to NCHELP Board

Elizabeth “Beth” Bordowitz, Chief Executive Officer of the Finance Authority of Maine (FAME), has been elected to the board of directors of the National Council of Higher Education Loan Programs, Inc. (NCHELP) for 2012-2013.

“I look forward to serving in this capacity,” stated Bordowitz.  “NCHELP is a highly regarded entity that promotes college access.  Maine has been a leader nationally with its innovative college savings, college access, and financial literacy efforts, and it is important for Maine to have a seat at the table.”

Bordowitz, who has served as FAME CEO since May of 2009, is an attorney and resident of Portland.  She previously served for fourteen years as FAME’s general counsel.  She first joined FAME in March 1989.  Prior to joining FAME's legal division, Bordowitz was associated with a Portland law firm.  She holds a B.A. and M.A. in Political Science from Rutgers College and Rutgers University, respectively, and earned her J.D. at Rutgers School of Law - Camden. 

During her tenure at FAME, Bordowitz has been instrumental in the development and implementation of the NextGen College Investing Plan®, Maine’s Section 529 college savings plan; and, more recently, the Harold Alfond College Challenge, which provides a $500 grant for all babies born in Maine to start a college savings fund.

NCHELP represents a nationwide network of organizations, including state and not-for-profit guaranty agencies like FAME, secondary markets, lenders, and schools that promote student access and choice for postsecondary education and training.  Other member organizations include student loan servicers, collection agencies, and others who provide services to students and borrowers.  NCHELP represents its members on public policy initiatives and brings together the higher education community to improve legislation and regulations regarding student loan programs.

“NCHELP is privileged to have talented leaders like Beth serve as directors for the organization in the coming year,” said Shelly Repp, NCHELP President.  “With Beth’s assistance, NCHELP looks forward to continuing to help our members provide quality student loan servicing, debt management, college access and other services to benefit students, families, and schools.”