Employees often feel stress about affording higher education — whether it’s paying back their own student loans, paying for their children’s higher education, or saving for their new baby’s future. You can help ease their stress by offering a Financial Wellness Plan — and FAME can help.
How an Employee Financial Wellness Plan Can Help Your Organization
Learn about the benefits of employee financial wellness programs, effective strategies and best practices, and share free resources and assistance available from FAME.
Through FAME, you can offer information about affording higher education to your employees and their families at no cost to you. We’re here to help every Mainer navigate the world of affording higher education, from saving and learning about financial aid to student loan refinancing.
FAME provides FREE resources and information, including online financial wellness courses and videos, to help Mainers become more financially savvy.
Tuition Assistance for Employees
Tuition assistance through reimbursement, student loan repayment, and more is a huge benefit for many employees.
Financial Check-In with FAME — Webinars
FAME provides FREE webinars to anyone looking to learn more about preparing for and paying for higher education, including refinancing student loan debt. These webinars are held the first Friday of most months at noon. We also make them available for watching after they have passed.
Download and share this flyer (print or via email) with employees:
Student Loan COVID Forbearances Are Ending – They Really are This Time!
December 2, 2022
Federal student loan payments, suspended as part of COVID relief from Congress, will go BACK into repayment after December 31, 2022. FAME will share critical information and helpful tips to assist you in successfully navigating re-entry of your student loan repayment. Additionally, we will provide updates on the federal student loan forgiveness announced by the White House and the Department of Education on August 24, 2022.
Paying for Education After High School – Programs Available to Maine People!
January 6, 2023
Paying for higher education can seem daunting but there are many programs available for Maine residents. Join FAME staff to learn about financial resources intended to help Maine people pay for education after high school. We’ll discuss programs available for students pursuing undergraduate and graduate education as well as programs available for students pursuing a career in education or for those looking to attend medical, dental, or veterinary school. Additionally, we will review loan repayment programs and education tax benefits intended to help Maine people with student loan repayment.
Refinancing and Consolidating Student Loans/Managing Student Loan Repayment
February 3, 2023
Did you know student loan consolidation and student loan refinance are different? FAME staff will explain the differences in these financial products and how they are used by student loan borrowers with federal student loans and/or private student loans. We hope the information you learn from attending this webinar will allow you to make a plan to manage your own student loan repayment while working to achieve your other financial, academic and/or life goals!
Pay Yourself First: Creating a Plan to Save, Debunking Savings Myths and Tips to Help You Reach Your Financial Goals
March 3, 2023
We’ve all heard how important it is to save for things we want. But saving can be hard, and in the case of higher education, is it really worth it? Yes, it is! In this session we’ll debunk common myths related to financial aid and the impact of saving so that you can save with confidence and have more options available! We’ll also discuss ways to make saving easier and programs that can help your reach your savings goals!
Payment Plans, 529 Withdrawals, Private Student Loans, Home Equity Loans – Oh My! – Options for Paying the Tuition Bill
April 7, 2023
FAME staff will discuss the various financing options students and their families may consider using when paying higher education expenses not covered by financial aid. April is a great time to make that advance plan since college and university tuition bills are typically due in July. We’ll also discuss combining and the timing of using the various options when you have to pay for multiple years of a student’s academic program.
Key Strategies for Establishing Lifelong Financial Wellness
May 5, 2023
The choices you make in early adulthood, like contributing to a retirement plan, creating a plan for repaying student loans, or buying a house, can help set you on a path toward lifelong financial success. During this webinar, we’ll share personal finance tips and strategies that will help new graduates (or adults of any age) learn about key strategies and rules of thumb ensuring financial freedom later in life.
Inflation-Busting Tips to Set You on a Path to Financial Stability
November 4, 2022
These days, everything seems to be more expensive than ever, and the rising costs go beyond groceries and fuel. During this session, we’ll touch on some tips for reducing everyday expenses, staying within your budget, and finding good deals. We’ll dive into online vs. in-store shopping, subscription shopping services, and more. Bring your mobile device- we’re going to explore shopping and saving apps, and together, we’ll make a plan before the winter and holiday season is upon us!
Navigating Financial Aid, Free Community College and Scholarship Searches
October 7, 2022
Paying for higher education can seem challenging, but there many steps you can take to make higher education more affordable. Join us to learn more about financial aid, including how to navigate the process and maximize eligibility, Maine’s new Free Community College initiative, and tips to make searching for scholarships more successful. We’ll help you get prepared, explain what you need to do and when, and provide tips and tools to make the entire process as easy as possible!
Balancing Saving Goals: Resources to Support Financial Wellness
September 16, 2022
Join FAME staff for this information session and learn about resources to support planning for and achieving financial wellness. Special focus will be placed on free digital financial wellness tools available for Maine residents where the content can be customized based on the topics of most interest to the individual. Additionally, we will review the benefits of saving for education after high school using Maine’s 529 program, NextGen 529.
Understanding Public Service Loan Forgiveness (PSLF) and the Temporary Waivers
August 25, 2022
In this Financial Check-In with FAME, titled Understanding Public Service Loan Forgiveness (PSLF) and the Temporary Waivers, nationally recognized PSLF expert Betsy Mayotte explains the eligibility requirements for the Public Service Loan Forgiveness (PSLF) program, as well as the temporary waiver for PSLF that allows borrowers to receive credit for payments that previously did not qualify for PSLF.
Have You Heard? Understanding Public Service Loan Forgiveness (PSLF) and the Temporary Waivers
May 13, 2022
This session, provided by nationally recognized PSLF expert Betsy Mayotte, explains the eligibility requirements for the Public Service Loan Forgiveness (PSLF) program, as well as the temporary waiver for PSLF that allows borrowers to receive credit for payments that previously did not qualify for PSLF. The temporary waiver ends October 31, 2022! If you are employed by a U.S. federal, state, local, or tribal government (federal service includes U.S. military service), or a not-for-profit organization (including hospitals and colleges) and you have applied for PSLF and been denied, this is the session for you!
Free Digital Financial Wellness Resources for Students and Families
April 1, 2022
Learn about the award-winning financial wellness tools available through Enrich® and iGrad®, powered by FAME. Participants will learn about and have immediate access to free courses, tools, calculators, and an interactive Money Personality tool.
Making College More Affordable
March 4, 2022
There are things you can do to make college more affordable! It starts with understanding how financial aid works and what you can do to get prepared. During the presentation, we’ll share information and resources that will help you have more options and the ability to make more informed decisions, ideally resulting in reduced student loan borrowing.
Steps to Creating a Spending Plan to Achieve Your Financial Goals
February 4, 2022
Are you finding it difficult to make regular contributions to your retirement or college savings account? If so, then this webinar will help you learn key steps and strategies for developing a spending plan (also known as a budget) that will help you achieve your savings goals.
NEW RESOURCE: FAME Employer Financial Wellness Roadmap
January 7, 2022
During this session, FAME provides you with an overview of our new employer financial wellness roadmap. FAME discusses current research, best practices and the benefits of offering financial wellness to your employees.
Student Loan COVID Forbearances Ending May 1, 2022
December 3, 2021
Federal student loan payments, suspended as part of COVID relief from Congress, will go back into repayment after May 1, 2022. In this webinar, FAME shares critical information and helpful tips to assist you in successfully navigating re-entry of your student loan repayment.
Saving for Higher Ed – It’s a Good Thing!
November 8, 2021
Saving can be hard, but saving even small amounts will make a big difference and result in more options! We’ll share helpful information to get you started and debunk some common myths related to financial aid so that you can save with confidence knowing that saving for higher education really is a good thing!
Navigating the Financial Aid and Scholarship Process
October 5, 2021
Our monthly Financial Check-In with FAME, titled Navigating the Financial Aid and Scholarship Process, helps you learn more about what you need to know when applying for financial aid and searching for scholarships. It can be confusing, but we will help you get prepared, explain what you need to do and when, and provide tips and tools to make the entire process as easy as possible!
Videos to Share with Employees
FAME’s videos and recorded presentations can help make paying for school a little clearer.
Join Our Mailing List!
Join our mailing list, and we’ll regularly share timely tips and tools you can pass on! FAME is also available for presentations (currently virtual) on a variety of topics related to higher education. Let us know if you are interested in a presentation, and we’ll be in touch!