Recent News

FAME Announces Improved Loan Insurance Options

Beginning November 1, 2016, FAME lender customers can opt to use: •NEW 3- and 5-year fee options for term loan insurance; •New 3-year fee option for line of credit loan insurance; •Leveraged insurance in the OnLine Answer (OLA) application process.

FAME to Celebrate Another Year of Successful Partnerships on November 17th

The Finance Authority of Maine (FAME) will celebrate another year of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, on Thursday, November 17, 2016, beginning at 4:30 p.m. Inaugural poet Richard Blanco is this year’s guest speaker.

FAME Board Visits Androscoggin County Businesses and Schools

The Board of Directors of FAME visited an eleventh-generation dairy farm, the state’s largest food bank, local restaurants, area businesses, and a higher education institution recently in Androscoggin County to learn about their successes, needs and future plans.

FAME Declares Major Statewide Education Initiative

Portland Mayor Ethan Strimling, the Superintendent of Portland Public Schools Xavier Botana, and Ben Gilman, Senior Government Relations Specialist at Maine State Chamber of Commerce joined Finance Authority of Maine (FAME) CEO Bruce Wagner to announce a major statewide effort called Invest in ME 2030. This new effort is intended to have a lasting impact on the economic future of the state of Maine. The announcement was made during an education rally at Portland’s Deering High School with students…

FAME to Award $16,000 in Scholarship Prizes

Winners will be randomly selected from each of the 16 Counties of Maine AUGUSTA, MAINE — September 30, 2016 — The Finance Authority of Maine (FAME) announced today that it will award 16 $1,000 Scholarship Prizes to be contributed to 16 NextGen 529 plan accounts, selecting one random winner from each of the 16 counties of Maine. The Invest in ME sweepstakes begins on October 1, 2016 and ends on December 29, 2016.

FAME Releases First-Ever Maine State Grant Outcome Study

60% of Full-Time Enrollees Completed College Family Income Strongly Correlated with College Completion The Finance Authority of Maine (FAME) has released the results of its Maine State Grant College Completion Study, which was undertaken as a result of a grant it received from the New England Board of Higher Education (NEBHE). The report measured a variety […]

FAME FAFSA Help Events

Events give Maine families access to experienced financial aid experts and support in completing the form.

FAME Celebrates Successful Partnerships at Annual Meeting

FAME celebrated another year of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, which was held on November 19, 2015, at Portland’s Holiday Inn By The Bay.

FAME Annual Meeting-coming November 19

FAME will celebrate another year of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, on Thursday, November 19, 2015, beginning at 4:30 p.m. at Portland’s Holiday Inn By The Bay.

FAME Offers Free Claim Your Future® Game

FAME Offers Free Interactive Tool to Maine Schools that Gives Students an Edge on Future Earning Potential FAME announced today it is making available to every Maine middle school a free interactive resource called Claim Your Future®, which takes the form of a game and is designed to encourage students to explore career options with an eye toward future earning potential and increased financial literacy.

FAME Approves Rule for Maine New Markets Capital Investment Program

At its August 20, 2015 meeting, FAME’s Board of Directors approved rulemaking related to the Maine New Markets Capital Investment Program. The Board adopted an emergency rule to prohibit one-day loans effective immediately, and authorized a regular ninety-day rulemaking process to commence with respect to the program, as well.

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.