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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:

Frequently Asked Questions about the Harold Alfond College Challenge

Learn more about Harold Alfond at haroldalfondfoundation.org.

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.


Contact Finance Authority of Maine (FAME) with any additional questions about HACC or NextGen.


Alfond Scholarship Foundation Board of Directors

Steven Akin, ASF Chair
Joseph Foley, ASF Vice Chair
Colleen Quint, ASF President/CEO

Duke Albanese
Henry Bourgeois
Scott Bullock
Christopher Emmons
Jon Fitzgerald
John Fitzsimmons
Katie Fullam Harris
Robert Hasson
Steven Michaud
James Page
Hon. Bruce Poliquin
Jenny Alfond Seeman
Bruce Wagner
William Williamson