FAME News

FAME Extends Deadline for Maine State Grant Eligibility

Good news for students who missed the 2021-2022 Maine State Grant filing deadline of May 1: the Finance Authority of Maine (FAME) has extended the deadline for this academic year only. Students should immediately file the 2021-2022 Free Application for Federal Student Aid (FAFSA) to apply, however, as grant funds are limited and will be awarded on a first-come, first-served basis.

FAME Approves Additional Financing for GO Lab, Inc.

The FAME Board has approved $85 million in bond financing to help finance GO Lab, Inc., a start-up company at the former Madison paper mill in Somerset County. The project is expected to create approximately 114 well-paying jobs in Somerset County.

FAME CEO Bruce Wagner Announces Retirement

FAME Chief Executive Officer Bruce Wagner recently announced his intention to retire on February 5, 2021. He will be replaced on an interim basis by FAME’s Chief Risk Officer, Carlos Mello.