Welcome to the Web site for the NextGen College Investing Plan:  Maine's College Savings Program!

Verbal Distributions Now Available

NextGen is pleased to announce the ability to initiate withdrawals from NextGen account(s) verbally. This convenient service allows account owners to authorize the Program Manager (Merrill Lynch) to distribute funds from their NextGen account(s) via check or wire transfer. The NextGen verbal distribution process will eliminate the need for paperwork and create a better customer service experience by allowing requests to be processed at point of call. All NextGen distribution and trade settlement guidelines will still apply.  Click here to view information on how to request a verbal distribution from your NextGen account.

Special Notice June 21, 2010

The Finance Authority of Maine (FAME) and the Maine Office of Securities announced today that Maine has entered into a settlement with OppenheimerFunds, Inc. on behalf of certain NextGen College Investing Plan participants.  For more information see our press release at or visit the special settlement web site established to provide more detailed information.

Replace Debt with Savings... 

Families who save for a college education are always in a better position when it comes to paying for college costs. No matther how few years remain before entering college, savings will only help to defray college costs by replacing debt with savings.

NextGen Can Help!

NextGen and its special benefits for Maine residents offer real advantages for Maine families and make investing for college easier and more affordable than ever before.