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Higher education is more important than ever before.

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 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. A NextGen College Investing Plan Account must be opened to receive the Alfond Grant.

Mr. Harold Alfond

Frequently Asked Questions about the Harold Alfond College Challenge

Enrollment Assistance with paper application


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


Alfond Scholarship Foundation Board of Directors

Elizabeth Bordowitz
CEO, Finance Authority of Maine
  Steven Michaud
President, Maine Hospital Association
Henry Bourgeois
President/CEO, Alfond Scholarship Foundation


Richard Pattenaude
Chancellor, University of Maine System




Stephen Bowen

Commissioner of the State Department of Education



Bruce L. Poliquin

Maine State Treasurer

Scott Bullock
President/CEO, MaineGeneral Health
  Lawrence R. Pugh
Member, Harold Alfond Foundation Board of Directors
John Fitzsimmons
President, Maine Community College System
  Colleen Quint
Representing Senator George J. Mitchell Scholarship and Research Institute
Joseph Foley
Senior Vice President and Chief Marketing Officer, Unum
  Kenneth Spirer
Former Chair, Maine Community Foundation Board of Directors