Students and families who have college savings are always in a better position when it comes to paying for college. Every dollar available from savings is a dollar that doesn’t have to be borrowed and repaid with interest!
Even saving a few dollars each week can help make paying for college easier. Higher education is typically paid for using a variety of sources, such as financial aid, scholarships, student loans, income, and savings. Most families don’t save enough to cover all costs but having savings gives them more options and allows them to borrow less.
Looking for answers to your college savings questions? Our counselors are here to help! Get your questions answered, learn about Maine’s education savings program, and make a plan to save.
For Androscoggin, Cumberland, Kennebec, Lincoln, Oxford, Sagadahoc, and York counties:
For Aroostook, Franklin, Hancock, Knox, Penobscot, Piscataquis, Somerset, Waldo, and Washington counties:
Maire Pelletier
PH: 207-620-3508
Email Maire
Book an appointment with Maire
Karin Parsons
PH: 207-620-3502
Email Karin
Book an appointment with Karin
Ways to Save
There are many ways you can save for higher education. Learn more about savings options such as 529 and Coverdell accounts, bonds and other options that may work for your family.
NextGen 529®
Section 529 plans are tax-advantaged investment plans available through most states to help students and families prepare for college expenses. Maine residents can also get matching grants when they save with NextGen 529 — Maine’s Section 529 plan.
Tips to Help You Save
It can be hard to find money to save for college — especially when it feels far away. Here are some ideas to help you get started today.
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