search
July 11, 2010

Maine college savings program hits milestone

The Associated Press

BRUNSWICK — A baby from Brunswick has become the 5,000th Maine newborn to receive a $500 Harold Alfond College Challenge Grant.

Officials say Sebastian Bond is getting a head start on his college fund through the Alfond Scholarship Program, which was formed through the estate of the late Harold Alfond, founder of Dexter Shoe Co.

Sebastian, who was born May 6, is the son of Andrew and Melanie Bond.

Since it went into effect in 2008, the program has contributed $2.5 million to NextGen college savings accounts to help families prepare early for the costs of higher education. Any baby born in Maine can receive a grant if they are signed up before their first birthday.

Were you interviewed for this story? If so, please fill out our accuracy form

Send Question/Comment to the Publisher




Further Discussion

Here at PressHerald.com we value our readers and are committed to growing our community by encouraging you to add to the discussion. To ensure conscientious dialogue we have implemented a strict no-bullying policy. To participate, you must follow our Terms of Use.

Questions about the article? Add them below and we’ll try to answer them or do a follow-up post as soon as we can. Technical problems? Email them to us with an exact description of the problem. Make sure to include:
  • Type of computer or mobile device your are using
  • Exact operating system and browser you are viewing the site on (TIP: You can easily determine your operating system here.)


Most...