Recent News
October 27, 2016
FAME to Celebrate Another Year of Successful Partnerships on November 17th
The Finance Authority of Maine (FAME) will celebrate another year of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, on Thursday, November 17, 2016, beginning at 4:30 p.m. Inaugural poet Richard Blanco is this year’s guest speaker.
October 26, 2016
FAME Board Visits Androscoggin County Businesses and Schools
The Board of Directors of FAME visited an eleventh-generation dairy farm, the state’s largest food bank, local restaurants, area businesses, and a higher education institution recently in Androscoggin County to learn about their successes, needs and future plans.
October 03, 2016
FAME Declares Major Statewide Education Initiative
Portland Mayor Ethan Strimling, the Superintendent of Portland Public Schools Xavier Botana, and Ben Gilman, Senior Government Relations Specialist at Maine State Chamber of Commerce joined Finance Authority of Maine (FAME) CEO Bruce Wagner to announce a major statewide effort called Invest in ME 2030. This new effort is intended to have a lasting impact on the economic future of the state of Maine. The announcement was made during an education rally at Portland’s Deering High School with students…
September 30, 2016
FAME to Award $16,000 in Scholarship Prizes
Winners will be randomly selected from each of the 16 Counties of Maine
AUGUSTA, MAINE — September 30, 2016 — The Finance Authority of Maine (FAME) announced today that it will award 16 $1,000 Scholarship Prizes to be contributed to 16 NextGen 529 plan accounts, selecting one random winner from each of the 16 counties of Maine. The Invest in ME sweepstakes begins on October 1, 2016 and ends on December 29, 2016.
September 06, 2016
The Free Application for Federal Student Aid (FAFSA) is Changing
Instead of waiting until the new year to file the FASFA, families can now file it beginning on October 1, 2016. In addition, students will be able to file using an earlier year’s tax information.
August 31, 2016
FAME CEO Bruce Wagner Elected to NCHER Board
National Council of Higher Education Resources welcomes Wagner to Board of Directors for 2016–2017.
August 25, 2016
FAME Again Recognized as a Best Place to Work in Maine
For the second year in a row, the Finance Authority of Maine (FAME) has been named as one of the Best Places to Work in Maine.
June 28, 2016
FAME Supports Maine Food Businesses
FAME Financing Helps Three Maine Food Businesses Create and Retain 175 Jobs
June 27, 2016
New Resource to Help Navigate Borrowing for Higher Education
The Loan For ME Offers Helpful Tools for Maine Borrowers and is the Result of a Multi-Lender Partnership
April 04, 2016
FAME Announces Record-Breaking Year for College Investing
Nearly 16,000 Maine families will receive over $4.2 million in grants
March 07, 2016
FAME Releases First-Ever Maine State Grant Outcome Study
60% of Full-Time Enrollees Completed College Family Income Strongly Correlated with College Completion The Finance Authority of Maine (FAME) has released the results of its Maine State Grant College Completion Study, which was undertaken as a result of a grant it received from the New England Board of Higher Education (NEBHE). The report measured a variety […]
January 01, 2016
FAME FAFSA Help Events
Events give Maine families access to experienced financial aid experts and support in completing the form.
December 04, 2015
FAME Celebrates Successful Partnerships at Annual Meeting
FAME celebrated another year of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, which was held on November 19, 2015, at Portland’s Holiday Inn By The Bay.
November 10, 2015
FAME Annual Meeting-coming November 19
FAME will celebrate another year of successful business and educational partnerships at its annual meeting and awards event, Showcase Maine, on Thursday, November 19, 2015, beginning at 4:30 p.m. at Portland’s Holiday Inn By The Bay.
October 27, 2015
FAME Offers Free Claim Your Future® Game
FAME Offers Free Interactive Tool to Maine Schools that Gives Students an Edge on Future Earning Potential
FAME announced today it is making available to every Maine middle school a free interactive resource called Claim Your Future®, which takes the form of a game and is designed to encourage students to explore career options with an eye toward future earning potential and increased financial literacy.
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.
For Educators
Check out FAME’s free training opportunities such as webinars and training events for school counselors, college access advisors, financial aid counselors and administrators.
