Applications are now being accepted for state education loan and loan repayment programs administered by the Finance Authority of Maine (FAME). 

FAME helps to create the workforce of the future by increasing the number of Maine residents with credentials of value. We do so in a variety of ways, including by providing various student financial aid resources – for current students, professionals in certain workforce areas, and new Maine residents. 

Loan Programs 

Educators for Maine is a competitive, merit-based, forgivable loan program for Maine students pursuing careers in education or child care and planning to work in Maine after graduation. 

Maine Health Professions Loan Program is a need-based, competitive loan for Maine students pursuing postgraduate medical, dental, or veterinary education. 

Maine Veterinary Medicine Loan Program is a need-based, competitive, forgivable loan for Maine veterinary students. Borrowers may have a portion of their loan forgiven for each year of eligible return service.  

Maine Dental Education Loan Program is a competitive, forgivable loan for Maine dental students planning to work in Maine after graduation. 

Loan Repayment Programs 

Maine Health Care Provider Loan Repayment Pilot Program provides loan repayment assistance to selected health care providers who commit to live and work in Maine for at least three years. 

Nursing Education Loan Repayment Program provides loan repayment assistance to selected nurse educators who commit to live and work in Maine for at least three years.  

Maine Dental Education Loan Repayment Program provides loan repayment assistance to dentists practicing in underserved areas in Maine.  

New Mainers 

Foreign Credentialing and Skills Recognition Grant Program provides small grants to assist eligible immigrants living in Maine who are not yet eligible to work in the United States prepare for entry into the workforce.