File the FAFSA

There is money available to help pay for college. Begin by filling out the FAFSA.

The Maine Loan from FAME

It’s the smart way to bridge the gap between financial aid and tuition costs. Learn how the Maine Loan can help.
Learn about the Maine Loan

Building a Business?

FAME’s Business Roadmap outlines key steps in the planning and financing process, and provides tools, resources, and partners that can help you along the way.
Business Roadmap

Help your child succeed!

Learn how opening a NextGen 529® account can help.
NextGenForME.com

Recent News

FAME awarded $25,000 grant to strengthen employee financial wellness program

Grant is Part of New National Initiative Supported by the Wells Fargo Foundation in Collaboration with the Center for State and Local Government Excellence, the International Public Management Association for Human Resources, and National Association of State Treasurers’ Foundation

Invest in ME Reads is Coming!

The Finance Authority of Maine (FAME), in partnership with the Maine Office of Securities and the Consumer Financial Protection Bureau (CFPB), is excited to announce the launch of Invest in ME Reads, a new statewide program designed to support family financial education by sparking conversations about future goals, saving money, and the value of choice. The program was originally slated to launch in the spring of 2020, but due to COVID-19 school closures, the launch was rescheduled for this fall.

FAME and MRDA Approve Saddleback Financing

FAME approved leveraged loan insurance of 20% (or $2.5 million) on a $12.5 million loan by Arctaris Impact Investors, LP to Saddleback Community Loan Fund. FAME additionally approved a $1 million FAME Direct loan to Arctaris as part of the financing package, which totals $2.5 million.

$60,000 Student Loan Repayment Program Helps Maine Recruit and Retain STEM Professionals

The Harold Alfond Foundation and the Finance Authority of Maine (FAME) opened another application cycle to provide student loan debt relief for Maine residents who are employed by a Maine-based business in the STEM-related fields of science, technology, engineering, and math. Applications are now being accepted through November 15, 2019.

FAME Board Visits Central Maine Businesses and Schools

As part of its ongoing efforts to immerse itself in the community and learn more about the needs and successes of their customers and partners, the board of directors and staff of the Finance Authority of Maine (FAME) recently toured parts of Kennebec and Somerset Counties.

FAME Recognized for Fifth Straight Year as a Best Place to Work in Maine

For the fifth year in a row, the Finance Authority of Maine (FAME) has been recognized as one of the Best Places to Work in Maine. The awards program, created in 2006, is a project of the Society for Human Resource Management–Maine State Council (MESHRM) and Best Companies Group. Partners endorsing the program include: Mainebiz, the Maine State Chamber of Commerce, the Maine Department of Labor, the Maine Department of Economic and Community Development, and Maine HR Convention.

FAME to Target Adult Learners With New Maine State Grant Awards

The Finance Authority of Maine (FAME) plans to make a limited number of Maine State Grant awards to Maine’s adult learners who have not begun or completed their degrees thanks to new funding recently approved by the Maine Legislature and Governor Janet Mills.

FAME Financing to Assist Maine Veterans and Millinocket Library Renovation

At their June 20, 2019 monthly meeting, the board of directors of the Finance Authority of Maine (FAME) approved financing for two projects, one of which will help to provide care and support for Maine veterans while the other will help to renovate Millinocket’s local nonprofit library.

FAME promotes April as Youth Financial Literacy Month

Youth Financial Literacy Month is in full swing at the Finance Authority of Maine (FAME). Throughout the month of April, FAME’s College Access and Financial Education Team has been offering a variety of statewide initiatives and educational workshops intended to promote the importance of financial education to Maine citizens.

Up To $60,000 Student Loan Repayment for Maine STEM Professionals

The Alfond Leader program seeks to attract and retain STEM professionals in Maine. The fifth application cycle is open and will provide student loan debt relief for people living and working in Maine in STEM-related fields of science, technology, engineering, and math. Applications can now be accepted through May 15, 2019.

For Educators

Check out FAME’s free training opportunities such as webinars and training events for school counselors, college access advisors, financial aid counselors and administrators.

Resources for Educators