Recent News

Request for Quote: Default Prevention Services

The Finance Authority of Maine (FAME) is seeking proposals from interested and qualified parties to provide default prevention services to Maine federal student loan borrowers. Questions may be submitted before 4:30 PM EDT on November 10, 2026

Request for Proposal: Student Loan Repayment Tax Credit (SLRTC) Marketing

The Finance Authority of Maine (FAME) is seeking proposals from interested and qualified parties to market Maine’s Student Loan Repayment Tax Credit statewide to potentially eligible audiences, including remote workers, employers, high schools, post-secondary educational institutions, organizations of parents, teachers, and others. Marketing efforts can include printed and/or electronic materials, online information, and in-person and remote promotional efforts.

Notice of Public Meeting

The members of the Advisory Committee on Education Savings will meet on Tuesday, November 3, 2026, beginning at 9:00 a.m. at the Holiday Inn by the Bay, 88 Spring Street Portland.

Request for Proposals: Underwriter for Private Student Loan Tax Exempt Bond Issuances

The Finance Authority of Maine (FAME) is seeking proposals from qualified firms to serve as underwriter related to its Maine Loan private higher education loan program tax exempt bond issuances. Proposal Deadline: October 30, 2026 Download the RFP. For questions regarding this RFP, please contact Christopher Roney, General Counsel.

Request for Proposals: Municipal Securities Financial Advisor for Private Student Loan Tax Exempt Bond Issuances

The Finance Authority of Maine (FAME) is seeking proposals from qualified firms to serve as its Municipal Securities Financial Advisor related to its Maine Loan private higher education loan program, including tax exempt bond issuances. Proposal Deadline: October 30, 2026 Download the RFP. For questions regarding this RFP, please contact Christopher Roney, General Counsel.

Request for Proposals: Bond Counsel for Private Student Loan Tax Exempt Bond Issuances

The Finance Authority of Maine (FAME) is seeking proposals from qualified firms to serve as bond counsel for its Maine Loan private higher education loan program tax exempt bond issuances. Proposal Deadline: October 30, 2026 Download the RFP. For questions regarding this RFP, please contact Christopher Roney, General Counsel.

Notice of Public Meeting

The members of the Board of the Finance Authority of Maine (FAME) will meet in person at 9:00 a.m. on Thursday, September 17, 2026.  The location of the meeting is at FAME’s office at 5 Community Drive, Augusta, Maine, and on conference call/Microsoft Teams if preferred. Conference call/Teams participation is preferred for members of the […]

FAME’s Director of Education Receives Statewide Education Award

FAME is pleased to announce that Martha Johnston, FAME’s director of education, has been presented with the Candance Johnson Vinette Award by the Maine Association of Student Financial Aid Administrators (MASFAA). The award is given periodically to an individual who has made special contributions of energy, spirit and dedication to increasing access to higher education […]

FAME Announces Billion-Dollar Milestone for College Savings Plan

The Finance Authority of Maine (FAME) announced today that the number of Maine-based NextGen 529® accounts now exceeds 80,000, with more than $1 billion in education savings assets, marking a significant milestone for Maine families planning for education after high school. Those assets include family contributions, Alfond Grants, Maine Matching Grants and investment earnings on […]

FAME Named One of Best Places to Work in Maine for 12th Consecutive Year

The Society for Human Resource Management (SHRM), Best Companies Group and BridgeTower Media have recognized the Finance Authority of Maine (FAME) as one of the 2026 Best Places to Work in Maine. The program honors companies that foster a positive environment that allows employees to thrive. “This is the 12th straight year FAME has been […]

Request for Proposals: Outside Collection Attorneys/Agents

The Finance Authority of Maine (FAME) is seeking proposals from qualified firms to serve as outside collection attorneys/agents for the collection of past-due loan obligations, primarily unsecured loans. Proposal Deadline: July 31, 2026 Download the RFP For questions regarding this RFP, please contact Christopher Roney, General Counsel, at croney@FAMEmaine.com.

FAME Approves Financing for Ashland Sawmill

At their April 30, 2026 meeting, the board of directors of the Finance Authority of Maine (FAME) approved state new markets tax credit financing to assist with the planned expansion of a sawmill in Ashland. The project is expected to make a significant positive economic impact on the Aroostook and Maine economies. The funds will […]

FAME Approves Financing for Bangor YMCA

At their April 30, 2026, meeting, the board of directors of the Finance Authority of Maine (FAME) approved state new markets tax credit financing to assist with the planned expansion of the Bangor YMCA (the “Bangor Y”). The $57.8 million project is expected to make a significant positive economic impact on the local and regional […]

Notice of Intent to Issue

Revenue Obligation Securities Notice is hereby given that the Finance Authority of Maine (FAME) intends to issue Revenue Obligation Securities (the “Securities”) pursuant to the Finance Authority of Maine Act (Chapter 110 of Title 10 of the Maine Revised Statutes, as amended) and has issued its Certificate of Approval for the Project to be financed […]

FAME’s Mila Tappan Chosen to Receive Distinguished Education Award

The Finance Authority of Maine (FAME) is pleased to announce that Mila Tappan, FAME’s Education Affordability Content and Training Manager, has been chosen to receive the 2026 NEOA Claiborne Pell Award. The prestigious distinction was established to “recognize those rare individuals whose pioneering leadership and vision have made an indelible mark on the struggle for […]

FAME Launches New Webpage to Improve Mainers’ Financial Skills

The Finance Authority of Maine (FAME) has launched a new webpage that will make it much easier for adults to take the steps needed to build their financial skills. The page is the latest enhancement to FAME’s free online educational platform. You can find it here at Build Your Financial Wellness.

Notice of Public Hearing

Pursuant to Title 10, §1043 of the Maine Revised Statutes and 26 USCA §147(f), the Finance Authority of Maine (the “Authority”) will hold a public hearing at 10:00 AM on April 8, 2026, at 5 Community Drive, Augusta, Maine on an application for a Certificate of Approval for issuance of Revenue Obligation Securities to finance […]

Request for Proposals: Investment Advisory Services

This Request for Proposals (“RFP”) is issued by the Finance Authority of Maine (“FAME” or the “Authority”) for the purpose of soliciting proposals from qualified investment consulting firms interested in providing investment advisory services for FAME.

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.