FAME to Host Financial Aid Workshop for State of Maine Employees

November 20, 2025

The Finance Authority of Maine (FAME) is hosting a FREE personalized financial aid coaching day for State of Maine Employees. If you're confused about financial aid or need help putting together a plan to pay for higher education (for you or your child), we invite you to meet virtually with a FAME financial aid expert on Thursday, December 4th. Theyll focus on whatever matters to you! Possible topics include:

  • Steps to take in planning to pay for higher education
  • Helpful tools for researching schools and finding budget-friendly choices
  • Steps to help navigate the financial aid process
  • Assistance with completing the FAFSA
  • Tips for finding scholarships
  • Options for paying the bill
  • And more...

Spaces are limited, so reserve your spot now! Register at: https://go.oncehub.com/FinancialAidDay (Trusted Partner Link). After you register, youll receive an email with all the details to help you prepare.

Another program that all Maine residents should be aware of is the Student Loan Repayment Tax Credit (SLRTC) -- one of the most valuable and broad-based state or local student loan repayment programs in the country. The SLRTC is a generous and straightforward tax credit:

  • The State of Maine provides a $2,500/year, fully refundable tax credit, up to a lifetime total of $25,000-you just have to be living and working in Maine.
  • That means, if your student loan payment is $208/month or less, the State of Maine will reimburse you 100% and essentially will have paid your student loans for you.
  • It doesnt matter whether: youre a life-long Mainer or just moved to Maine; when or where you went to school; whether you got an associate, bachelors or graduate degree; what your degree was in; or what your profession is now.

For more information, .">https://www.maine.gov/revenue/taxes/tax-relief-credits-programs/income-tax-credits/student-loan-repayment-tax-credit.

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