Everything you need to know to open your NextGen College Investing Plan® account and receive your baby's $500 Harold Alfond College Challenge Grant can be found on this page. In order to receive the $500 grant you need to open a NextGen® account on or before your baby's first birthday so the Alfond Grant can be awarded to the account. Several resources are available to help make the enrollment process easier for you, and to answer any questions you may have.
You may open a self-directed NextGen Client Direct Series account which takes as little as 15 minutes to complete:
...OR if you prefer to work with a financial advisor, you may open a NextGen Client Select Series account through a Maine Distribution Agent. Find a professional near you.
TIP: To complete enrollment faster, gather Social Security (or Taxpayer Identification) Numbers for you, your baby and spouse (if applicable).
If you have any questions or want help completing the paper application, contact Finance Authority of Maine (FAME) at 1-800-228-3734 or info@500ForBaby.org. Occasionally there are Casting Calls where FAME staff is on location to provide assistance in person to individuals completing the NextGen application.