Grants for Maine Residents - Initial Matching Grant
Open an account today and receive a one-time $200 Initial Matching Grant!
Eligible Maine accounts can receive a $200 Initial Matching Grant when opening a NextGen 529 account with just $25.
Grant Eligibility Requirements
- Either the account owner or account beneficiary is a Maine resident at the time the grant is awarded; and
- The account beneficiary is not eligible for the $500 Grant.
What Else Should I Know?
- The Initial Matching Grant is limited to one per eligible beneficiary.
- Upon withdrawal, Initial Matching Grant funds are paid only to institutions of higher education.
- View the Terms and Conditions of Maine Grant Programs for other conditions and restrictions that apply.