NextGen

Harold Alfond College Challenge Grant

Every baby born a Maine resident will have a $500 Alfond Grant automatically invested for his or her future education expenses.¹ That means a head start on a bright future!

Maine resident babies who have been awarded the Alfond Grant² may use the grant to open a NextGen account without the required initial contribution.

Help your baby succeed – open a NextGen account and see how far they’ll go!

Questions about the Alfond Grant and whether your baby is eligible? Visit 500forbaby.org for more information.

¹The Alfond Grant is not automatic in all circumstances and is also available in limited other circumstances. The use of the Alfond Grant is also subject to certain restrictions ‐ see Guidelines at 500forbaby.org.

²Children born as Maine residents since January 1, 2013 or who are Maine residents at account opening and under the age of one.

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