News Categories
FAME News
October 22, 2015
FAME Board Visits Lincoln, Orono and Bangor Businesses and Schools
FAME’s Board of Directors visited businesses and higher education institutions in Lincoln, Orono, and Bangor on October 14 and 15 to learn about their successes, needs and future plans.
October 14, 2015
The Maine Educational Loan Authority Has Been Merged with FAME
MELA has been merged with FAME effective October 15, 2015. This will provide a convenient “one-stop” shopping experience for Maine students and their families for their higher education financing needs.
October 05, 2015
FAME’s Student Loan Default Rate Second-Lowest in New England
FAME continues to maintain impressively low cohort default rates for Maine student loan borrowers, despite increased borrowing and rising college costs.
August 21, 2015
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.
July 15, 2015
FAME Enhances Popular Loan Insurance Program
Program limit increased to maximum of $5 million per borrower.
June 22, 2015
FAME Approves Financing for Wireless Partners, LLC
This deal will improve cell phone service and broadband data access in Washington and Hancock Counties
June 11, 2015
FAME’s Free Claim Your Future® Game Now Online
Claim Your Future is a free interactive game that encourages exploration into education after high school, future careers, and money management.
May 14, 2015
Free Claim Your Future Game To All Maine Middle Schools
FAME is excited to announce that Claim Your Future® is now available to all of Maine’s middle schools free of charge. Claim Your Future is an interactive game that encourages exploration into education after high school, future careers, and money management.
May 11, 2015
529 Celebration To Be Held
FAME will hold Future Faces of Maine 529 celebrations at three locations around the state to raise awareness of the importance of planning for the expense of education after high school, offer assistance to open NextGen College Investing Plan accounts, have fun, and share helpful educational giveaways.
April 21, 2015
FAME Approves Financing for Polycor New England, Inc.
FAME approved 90% loan insurance on a $3.5 million loan by Caisse Centrale Desjardins US Branch to Polycor New England to help finance the purchase of a quarry and the construction of a curb manufacturing facility in North Jay, Maine.
