Quarterly Updates and Resources from the Alfond Scholarship Foundation!

Families are saving for their future through Payroll Deduction!

Employers across Maine are helping families reach their financial goals by facilitating savings contributions directly through payroll! Over 230 employees are saving in a NextGen 529 account for education after high school through payroll deduction -- that's 230+ bright futures we have to look forward to!

Did you know? Families may be eligible for a $100 Automated Funding Grant from FAME if they make 6 consecutive automatic contributions to a NextGen 529 account. Business partners can play a vital role in raising awareness and helping their employees take advantage of these important opportunities!

Contact us to learn more about how your business can encourage employees to save. We make it so easy for you -- email info@myalfondgrant.org for more info!

The Alfond Scholarship Foundation is not an authorized distributor of NextGen529. Read our disclaimer here.

Snowy Shenanigans: Maine Kids Celebrate Winter!

Our Winter Fun Photo Contest has ended, and wow, we're still buzzing with excitement from all the super cool photos you sent! Check out just a handful of the 400+ entries – they're like snowflakes, all unique and amazing. It's as clear as ice – Maine kids had an absolute blast this winter! 📸❄️

Business Partner Spotlight

We are pleased to recognize our business partner Husson University as the newest member of our Gold Medal Champions circle!

Husson has a rolled out a new benefit available to their employees that incentivizes saving for education after high school. This commitment to financial wellness supports employees' personal goals that benefit individual families, and helps build a bright future for the state's economic prosperity!

Click for a full list of ASF's business partners, including all our Gold Medal Champions. If you are interested in learning more about becoming a Champion or Gold Medal Champion, please reach out to Caroline Palmatier at caroline@myalfondgrant.org.

See all our Maine Business Partners

THE BIG PICTURE:

How Children's Savings Accounts Benefit Children's Lives

Colleen Quint, President & CEO of the Alfond Scholarship Foundation, recently penned an informative article for the National College Attainment Network (NCAN). The article highlights the impact of Children's Savings Account (CSA) programs, emphasizing how early investments, such as our $500 Alfond Grant, can significantly benefit children and families.

We take pride in the Alfond Grant program, serving as a benchmark for CSA initiatives nationwide. Our commitment remains steadfast in fostering and propelling programs that nurture children's educational and aspirational goals, contributing to a more promising future for the next generation.

Read Colleen's Article Here

Ready to make a difference?

Become an Alfond Grant Ambassador!

Hey there! Are you regularly involved in your community? Do you have a few hours a year to spare to help families build a bright future? We are looking for friendly folks to be Alfond Grant Ambassadors. It's all about spreading the good news of the $500 Alfond Grant to families in Maine!

As an Ambassador, you'll be a helpful resource in your community, telling people about the $500 grant kids get when they're born in Maine. Plus, you can guide families to cool tips and resources on our website!

And guess what? We compensate our Ambassadors with gift cards!

Fill out our Interest Form!

What's your Plan?

Do you ever find yourself wondering how to save for your child's education? We know it can feel overwhelming, but don't worry! We created MyPlan to be your friendly guide, offering fun and simple steps every day to make the process stress-free. Whether your child is a little one or a teenager, starting your MyPlan now is the key to turning your dreams for their education into a reality. Create a plan, take small, manageable steps, and transform your good intentions into actions for a brighter future!

And here's a BONUS! When you create a MyPlan and check tasks off your lists, you earn extra entries into our monthly gift card drawing!

Your Personalized MyPlan Awaits!

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