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Educators for Maine Forgivable Loan

Sponsored by: Educators for Maine Program

Applicant must be a graduating high school senior, undergraduate, or graduate student who has been accepted into a post-secondary degree program. Applicant must be pursuing initial certification as a teacher, including speech pathology or child care provider qualifications.

FAQ

Application Deadline May 1
Scholarship, Grant, Fellowship or Contest Loan
Number of Applications 800
Required areas of study education
Schedule Awarded when sufficient funds are available and when qualified applicants apply.
Renewable?
Renewable if recipient maintains residence in Maine and a minimum 2.5 GPA.
yes
Must be repaid?
Recipient must teach in the state of Maine or repay the loan at a fixed 5% interest rate.
no
Required to attend a specific school? no

Scholarships

Amount

Max $3,000
Average $3,000
Min $3,000

Available

Average 110

Contact Information

Educators for Maine Program
Finance Authority of Maine
5 Community Drive, P.O. Box 949
Augusta, ME 04332 United States

Phone: (800) 228-3734
Fax: (207) 623-0095
http://www.famemaine.com

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$10,000

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