Higher education is more important than ever before.


The late philanthropist Harold Alfond wanted to encourage generations of Maine families and their children to pursue college or education beyond high school. As a result, he created the Harold Alfond College Challenge. It was his hope that families, communities and businesses would rise to the challenge of investing in the future educational aspirations of Maine’s children.


Mr. Alfond was the former owner of Dexter Shoe Company and created businesses in Maine with Maine people. His love for Maine and interest in sports and children led him to give millions of dollars to Maine people through education, sports programs and centers for children. Mr. Alfond believed that all children deserved the opportunity to achieve higher education and with that goal in mind he created this gift to help Maine families finance college education for their children. He believed that you could transform individual families and the State’s future prosperity by helping all Maine’s children aspire to higher education.


Click on one of these links for additional information about:


NextGen College Investing Plan®


The NextGen College Investing Plan is Maine's Section 529 college savings plan. You can open a NextGen account for your child and also make contributions for future education expenses.


Learn more about Harold Alfond at haroldalfondfoundation.org.


Frequently Asked Questions about the Harold Alfond College Challenge


Contact Finance Authority of Maine (FAME) with any additional questions 


Alfond Scholarship Foundation Board of Directors


Larry Pugh, ASF Chair Harold Alfond Foundation
Joseph Foley, ASF Vice Chair Mitchell Institute
Colleen Quint, ASF President/CEO Alfond Scholarship Foundation
Steven Aikin Harold Alfond Foundation
Duke Albanese Educate Maine
Michael Bennett Educate Maine
Henry Bourgeois  At-Large
Scott Bullock MaineGeneral Health
Tom Desjardin Department of Education
Jon Fitzgerald BIW
John Fitzsimmons Maine Community College System
Katie Fullam Harris Maine Community Foundation
Steven Michaud Maine Hospital Association
James Page University of Maine System
Bruce Poliquin At-Large
Bruce Wagner FAME
William Williamson Educate Maine