Finance Authority of Maine (FAME)
The award is in the form of a forgivable loan and is for the following amounts: $3,000 annually for undergraduate students; $2,000 annually for graduate students. Undergraduate students may receive a maximum amount of $12,000 through the program, and graduate students may receive a maximum of $8,000. Students may renew the award by filing a FAFSA and renewal application by May 1 annually, and maintaining a grade point average of 2.5 or higher.
The number of awards offered varies annually. In the 2013-2014 academic year (the most recent for which data is available), there were 83 awards given.
Applications will be available from the Finance Authority of Maine (FAME) website in February. In addition to the completed application, the student must also submit the following materials: a copy ... sign up for full scholarship deadline information.
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