ASF will designate $500 (“Alfond Grant”) to each eligible recipient as follows:
- To a child born on or after January 1, 2013 who is reported by the Maine Bureau of Vital Records (“BVR”) as a Maine resident birth, and for whom the Alfond Grant has not already been linked to a NextGen College Investing Plan (NextGen) account naming the child as the beneficiary of the account. Such a child will be deemed eligible for the Alfond Grant after the BVR records are received by FAME. If a NextGen account is opened for such a child, the Alfond Grant may be linked to the NextGen account. (learn more)
- To a child born on or after January 1, 2013, who, if not reported by BVR as a Maine resident birth, can prove Maine residency at birth with documentation acceptable to FAME and ASF. For such a child, the Alfond Grant will be awarded, upon such proof of residency, when the child enrolls in an eligible institution of higher education (the “school”) and requests payment of the grant to the school; or linked to a NextGen account when such an account is opened for the child. Such a child may also be deemed eligible for the Alfond Grant when the child is otherwise identified to FAME and proof of residency has been provided. (learn more)
- To a child who was not born a Maine resident, but for whom a NextGen account is opened on or before the child’s first birthday, and the child is a Maine resident at the time of account opening. For such a child, the Alfond Grant will be linked to the NextGen account established for the child. (learn more)
Use of the Alfond Grant is subject to certain restrictions. See Guidelines or call FAME with questions at 800-228-3734.