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MELA OFFERS MAINE STUDENTS $20,000 IN SCHOLARSHIP AWARDS
For Immediate Release:
March 17, 2008
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (March 2008) -- The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, has
increased its annual scholarship awards to $20,000, by offering eight $2,500 scholarships.
Students eligible for these scholarships are Maine residents planning to attend an institution of
higher education in the United States or Canada or out-of-state students planning to attend a Maine
college or university. Applicants sign up on the MELA website www.mela.net, and are entered
into the random drawings. MELA will select four entries in July 2008 and four entries in January 2009.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two-or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need. January 2008
scholarship recipients were all current college students from Bath, Chelsea, Guilford, and Rumford
attending Pennsylvania State University, Unity College, and University of Maine.
MELA is dedicated to helping Maine students and their families finance their higher education.
With the increasing cost of tuition and other related college expenses, MELA provides an
alternative student loan program that can help families meet the gap between Federal financial
aid limits and the total cost of higher education. The supplemental financial assistance available
through MELA plays an important role in helping many Maine students access higher education.
"The online scholarship program is another way for MELA to give back to Maine students by helping
them find financial resources for higher education," said Dr. Shirley Erickson, Executive Director
of MELA. "In addition, The Maine Loan offers a low interest rate, generous borrower benefits, a
rapid application process, and customer service based in Maine, making it the most competitive
alternative education loan available in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. This spring marks MELA's 20th year of providing low cost
education loans, continuing its proud history of helping thousands of Maine residents pay for college.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED UNITY COLLEGE STUDENT
For Immediate Release:
February 13, 2008
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (February 2008) -- Brandon Webber, of Chelsea, Maine, son of Robert and Kimberly Webber, was recently
awarded a $2,500 MELA Scholarship. Brandon's name was randomly selected from over 1,400 applicants.
He is a 2006 graduate of Erskine Academy and will use his $2,500 scholarship toward his tuition and
fees at Unity College where he is majoring in Ecology.
Brandon is a member of Ducks Unlimited, his interests include waterfowl hunting, hand loading and
reloading shooting sports, and is working towards developing a more environmentally, friendly plastic.
He is very thankful for the scholarship award to assist him with his education costs.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased its total scholarship awards to $20,000, and offers eight $2,500
scholarships, selecting four entries in January 2008 and four entries in July 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. This spring marks MELA's 20th year of providing low cost
education loans, continuing its proud history of helping thousands of Maine residents pay for college.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED UNIVERSITY OF MAINE STUDENT
For Immediate Release:
February 13, 2008
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (February 2008) -- Jessica Crouse of Guilford, Maine, daughter of Shane Crouse and Lorna Marshall, was recently
awarded a $2,500 MELA Scholarship. Jessica's name was randomly selected from over 1,400 applicants.
She is a 2006 graduate of Piscataquis Community High School and will use her $2,500 scholarship toward
her tuition and fees at the University of Maine where she is a sophomore majoring in Physical Education
and Health.
Jessica enjoys spending time with family and friends, she is a fan of the Boston Red Sox and New England
Patriots, and sports in general. She is a member of the Student Education Association, serving as
secretary and the Honor Society of Alpha Lambda Delta. She is very thankful for the scholarship award
to assist her with her education costs.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased its total scholarship awards to $20,000, and offers eight $2,500
scholarships, selecting four entries in January 2008 and four entries in July 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. This spring marks MELA's 20th year of providing low cost
education loans, continuing its proud history of helping thousands of Maine residents pay for college.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED UNIVERSITY OF MAINE STUDENT
For Immediate Release:
February 13, 2008
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (February 2008) -- Kyle Dawson of Rumford, Maine, son of Ed and Lisa Dawson, was recently awarded a $2,500
MELA Scholarship. Kyle's name was randomly selected from over 1,400 applicants. He is a 2003 graduate of
Mountain Valley High School and will use his $2,500 scholarship toward his tuition and fees at the
University of Maine where he is majoring in Electrical Engineering and Computer Engineering.
Kyle's interests include golf, basketball, soccer, hiking, camping and video games. He is very thankful
for the scholarship award to assist him with his education costs.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased its total scholarship awards to $20,000, and offers eight $2,500
scholarships, selecting four entries in January 2008 and four entries in July 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. This spring marks MELA's 20th year of providing low cost
education loans, continuing its proud history of helping thousands of Maine residents pay for college.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED MAINE SCHOOL OF SCIENCE AND MATH GRADUATE STUDENT
For Immediate Release:
February 13, 2008
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (February 2008) -- Ryan Buck of Bath, Maine, son of Barbara Buck and stepson of William Quintana,
was recently awarded a $2,500 MELA Scholarship. Ryan's name was randomly selected from over 1,400
applicants. He is a 2005 graduate of Maine School of Science and Math in Limestone and will use his
$2,500 scholarship toward his tuition and fees at Penn State University where he is majoring in
Nuclear Engineering.
Ryan's interests include hiking and backpacking, he is member of the American Nuclear Society (ANS)
and an Eagle Scout. He is very thankful for the scholarship award to assist him with his education
costs.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased its total scholarship awards to $20,000, and offers eight $2,500
scholarships, selecting four entries in January 2008 and four entries in July 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. This spring marks MELA's 20th year of providing low cost
education loans, continuing its proud history of helping thousands of Maine residents pay for college.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED BELFAST AREA HIGH SCHOOL GRADUATE
For Immediate Release:
July 25, 2007
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (July 2007) -- Justin Haver, son of Steve and Michelle Haver of Searsmont, Maine was recently
awarded a $2,500 MELA Scholarship. Justin's name was randomly selected from over a 1,000 applicants.
He is a 2007 graduate of Belfast Area High School and will use his $2,500 scholarship toward his
tuition and fees at Eastern Maine Community College (EMCC) where he will be a first year student in
the fall.
Justin has been a member of the wrestling team since the 6th grade and will be majoring in Automotive
Technology at EMCC. He is very thankful for the scholarship award to assist him with his education
costs.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased it's total scholarship awards to $10,000, and will be offering four
$2,500 scholarships, selecting two entries in January, 2008 and two entries in July, 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. Since its creation, MELA has helped thousands of Maine residents
pay for college with the overall lowest cost alternative educational loan programs available.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
MELA INCREASES SCHOLARSHIP AWARDS TO $20,000
For Immediate Release:
July 20, 2007
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (July 2007) -- The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, announced that it is
increasing its total scholarship awards to $20,000, by offering eight $2,500 scholarships. Students
eligible for these scholarships are Maine residents planning to attend an institution of higher
education in the United States or Canada or out-of-state students planning to attend a Maine college
or university. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawings. MELA will select four entries in January 2008 and four entries in July 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two-or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
MELA is dedicated to helping Maine students and their families finance their higher education.
With the increasing cost of tuition and other related college expenses, MELA provides an alternative
student loan program that can help families meet the gap between Federal financial aid limits and the
total cost of higher education. The supplemental financial assistance available through MELA plays an
important role in helping many Maine students access higher education.
"The online scholarship program is another way for MELA to give back to Maine students by helping
them find financial resources for higher education," said Dr. Shirley Erickson, Executive Director of
MELA. "In addition, The Maine Loan offers a low interest rate, generous borrower benefits, a rapid
application process, and customer service based in Maine, making it the most competitive alternative
education loan available in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. Since its creation, MELA has helped thousands of Maine residents
pay for college with the overall lowest cost alternative educational loan programs available.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED LAKE REGION HIGH SCHOOL GRADUATE
For Immediate Release:
July 16, 2007
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (July 2007) -- Brittany Paul, daughter of Donald and Marie Paul of Naples, was recently
awarded a $2,500 MELA Scholarship. Brittany's name was randomly selected from over a 1,000 applicants.
She is a 2007 graduate of Lake Region High School in Naples. She will use her $2,500 scholarship
toward her tuition and fees at the University of Maine where she will be a first year student,
majoring in Engineering.
Brittany is a member of the National Honor Society, Girl Scouts and President of the Rotary Interact
Club. She participated in Varity Cross Country, Indoor Track and was Captain of the Varsity Out Door
Track team at Lake Region High School. Brittany is very excited and appreciative to receive
the scholarship to assist with her college expenses.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased it's total scholarship awards to $10,000, and will be offering four
$2,500 scholarships, selecting two entries in January, 2008 and two entries in July, 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. Since its creation, MELA has helped thousands of Maine residents
pay for college with the overall lowest cost alternative educational loan programs available.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED STEARNS HIGH SCHOOL STUDENT
For Immediate Release:
March 22, 2007
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (March 2007) -- Derek McGillicuddy, the son of Daniel and Jane McGillicuddy of Millinocket,
Maine, was recently awarded a $2,500 MELA Scholarship. Derek's name was randomly selected from nearly
1,300 applicants. He is a 2006 graduate of Stearns High School in Millinocket. He will use his $2,500
scholarship toward his tuition and fees at Maine Maritime Academy where he is a first year student.
Derek is majoring in Marine Engineering Technology at Maine Maritime Academy and is a member of the golf
team. He and his family were very thankful to receive the scholarship to assist with his college
expenses.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawing. MELA recently increased it's total scholarship awards to $10,000, and will be offering four
$2,500 scholarships, selecting two entries in July 2007 and two entries in January 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application
necessary, no need to write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing an alternative student loan program. MELA's
student loan programs exist to bridge the gap between the full cost of a higher education and
traditional financial aid resources. Since its creation, MELA has helped thousands of Maine residents
pay for college with the overall lowest cost alternative educational loan programs available.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
MELA Increases Scholarship Awards to $10,000
For Immediate Release:
March 9, 2007
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME -- The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan,® announced
that it is increasing its total scholarship awards to $10,000, by offering four $2,500 scholarships.
Students eligible for these scholarships are Maine residents planning to attend an institution of higher
education in the United States or Canada or out-of-state students planning to attend a Maine college
or university. Applicants sign up on the MELA website at www.mela.net, and are entered into the random
drawings. MELA will select two entries in July 2007 and two entries in January 2008.
Scholarship recipients must be current undergraduate or graduate college students or high school
seniors planning to pursue a two-or four-year degree on at least a half-time basis. Unlike other
scholarships available, the MELA Web Scholarship is fast and easy, with no lengthy application necessary,
no need to write an essay, send recommendations or demonstrate financial need.
MELA is dedicated to helping Maine students and their families finance their higher education. With the
increasing cost of tuition and other related college expenses, MELA provides an alternative student loan
program that can help families meet the gap between Federal financial aid limits and the total cost of
higher education. The supplemental financial assistance available through MELA plays an important role
in helping many Maine students access higher education.
"The online scholarship program is another way for MELA to give back to Maine students by helping
them find financial resources for higher education," said Dr. Shirley Erickson, Executive Director of
MELA. "In addition, The Maine Loan offers a low interest rate, generous borrower benefits, a rapid
application process, and customer service based in Maine, making it the most competitive alternative
education loan available in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine
students and their families in achieving their higher
education goals by providing an alternative student loan program. MELA’s
student loan programs exist to bridge the gap between the full cost of a higher
education and traditional financial aid resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more information on MELA's scholarship program, The Maine Loan, or other MELA loan programs, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED NORTHERN MAINE COMMUNITY COLLEGE STUDENT
For Immediate Release:
July 14, 2006
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (July 2006) -- Monique Caron, the daughter of Jean-Francois and Betty Ann Caron of Baker Lake,
New Brunswick, was recently awarded a Maine Educational Loan Authority (MELA) Scholarship. Monique's
name was randomly selected from nearly 900 scholarship entries. She is a 2005 graduate of Cité des
Jeunes A. M. Sormany High School in Edmundston, New Brunswick. Monique will use her $2,500 scholarship
toward her tuition and fees at Northern Maine Community College (NMCC) where she will be a second year
student this fall.
Monique is majoring in business administration at NMCC. She was pleased to receive the scholarship,
and said "The MELA scholarship will assist me in paying my college expenses. I encourage other
students to apply for available scholarship opportunities."
MELA, sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or non-Maine residents
planning to attend a Maine college or university, the chance to win $2,500 toward their college education.
Applicants sign up on the MELA website at www.mela.net, and are entered into the random drawing. MELA
will select the next scholarship winner in January of 2007.
Scholarship recipients must be current undergraduate or graduate college students or high school seniors
planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other scholarships
available, the MELA Web Scholarship is fast and easy, with no lengthy application necessary, no need to
write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with MELA's mission of helping Maine college students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"The Maine Loan is an excellent educational financing tool, offering a low interest rate, generous
borrower incentives, and customer service based in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine
students and their families in achieving their higher
education goals by providing an alternative student loan program. MELA’s
student loan programs exist to bridge the gap between the full cost of a higher
education and traditional financial aid resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more information on MELA's scholarship program or The Maine Loan, please call toll-free 1-800-922-6352
or visit www.mela.net
###
MELA ANNOUNCES PRIVATE CONSOLIDATION LOAN
For Immediate Release:
May 10, 2006
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (May 2006) -- The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan® and The Maine Medical Loansm
announces the introduction of the MELA Private Consolidation Loan.sm The MELA Private Consolidation Loan
is designed to enable borrowers to consolidate qualified private or alternative loans at a lower
interest rate than students or graduates are either already paying or can obtain by consolidating with
other lenders, thereby lowering the costs of borrowing.
MELA's consolidation loan may be a useful debt management strategy for consideration by graduating
college seniors. Educating students about the various financing options available to them is
MELA's first priority, with Maine based Private Loan Specialists also trained to advise students
if they believe consolidation is not in their best interest. With the MELA Private Consolidation Loan,
borrowers will enjoy the benefits of a low, variable interest rate, a lower monthly payment due to
extended repayment terms, and the convenience of making a single monthly payment to one lender.
Eligible borrowers include Maine residents, existing MELA borrowers, and those having attended an
approved Maine college or university. Borrowers with qualifying alternative loans are encouraged to
find out whether or not the MELA Private Consolidation Loan is right for them.
"In recent years, there has been a significant increase in the utilization of alternative education
loans by Maine students and family members," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA is pleased to offer a highly competitive private consolidation loan designed to lower the overall
costs of borrowing in repayment."
Established by Maine legislation in 1988, MELA was created to assist Maine students and their families
in achieving their higher education goals by providing low cost alternative education loan programs.
All MELA loans are funded with proceeds from tax-exempt bonds and no state monies are allocated to fund
these programs. Since its creation, MELA has helped thousands of Maine residents pay for college
with the overall lowest cost alternative educational loan programs available.
For more
information about the MELA Private Consolidation Loan or MELA's other loan programs, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED LEWISTON HIGH SCHOOL GRADUATE
For Immediate Release:
January 9, 2006
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (January 2006) -- Jessica Dunlap, the daughter of Barbara Dunlap, of Lewiston, Maine, was recently awarded
a MELA Scholarship. Jessica's name was randomly selected from nearly 1,300 applicants. Jessica is a 2005
graduate of Lewiston High School. She will use her $2,500 scholarship toward her tuition and fees at
Quinnipiac University in Hamden, Connecticut where she is currently a first year student.
Jessica is majoring in biomedical sciences at Quinnipiac. Her long-term goal is to pursue a medical degree
and specialize in emergency medicine. While at Lewiston High School, Jessica was involved with lacrosse,
Big Brothers/Big Sisters, and the art club. She was thankful to receive the scholarship to assist with her
college expenses.
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college education.
Applicants sign up on the MELA website at www.mela.net, and are entered into the random drawing. MELA
will select the next scholarship winner in July of 2006
Scholarship recipients must be current undergraduate or graduate college students or high school seniors
planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other scholarships
available, the MELA Web Scholarship is fast and easy, with no lengthy application necessary, no need to
write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with our mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA.
"MELA's student loan programs serve as excellent educational financing tools, offering low variable
interest rates, generous borrower benefits, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine
students and their families in achieving their higher
education goals by providing an alternative student loan program. MELA’s
student loan programs exist to bridge the gap between the full cost of a higher
education and traditional financial aid resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352
or visit www.mela.net
###
$2,500 MELA SCHOLARSHIP AWARDED BREWER HIGH SCHOOL GRADUATE
For Immediate Release:
July 12, 2005
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME (July 2005) -- Tobin Vanbuskirk, the son of William and Sylvia Vanbuskirk of Brewer, Maine,
was recently awarded a MELA Scholarship. Tobin's name was randomly selected from nearly 900 scholarship
entries. He is a 2005 graduate of Brewer High School. Tobin will use his $2,500 scholarship toward his
tuition and fees at Husson College where he will be a freshman this fall, pursuing a major in accounting.
An avid paintball enthusiast, Tobin has traveled throughout New England plus to Florida and Illinois to
compete in paintball events. While at Brewer High School, he was a member of the rifle club.
Tobin said, "I am very honored that I received this scholarship from MELA."
The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, offers Maine residents planning
to attend an institution of higher education in Maine, out-of-state or Canada or out-of-state students
planning to attend a Maine college or university, the chance to win $2,500 toward their college education.
Applicants sign up on the MELA website at www.mela.net, and are entered into the random drawing. MELA
will select the next scholarship winner in January of 2006
Scholarship recipients must be current undergraduate or graduate college students or high school seniors
planning to pursue a two- or four-year degree on at least a half-time basis. Unlike other scholarships
available, the MELA Web Scholarship is fast and easy, with no lengthy application necessary, no need to
write an essay, send recommendations or demonstrate financial need.
"The online scholarship program fits perfectly with MELA's mission of helping Maine students and their
families finance higher education," said Dr. Shirley Erickson, Executive Director of MELA. "The Maine
Loan is an excellent educational financing tool, offering a low interest rate, generous borrower
incentives, and customer service centered in Maine."
Established by Maine legislation in 1988, MELA was created to assist Maine
students and their families in achieving their higher
education goals by providing an alternative student loan program. MELA’s
student loan programs exist to bridge the gap between the full cost of a higher
education and traditional financial aid resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352
or visit www.mela.net
###
MELA OFFERS MAINE STUDENTS TWO $2,500
SCHOLARSHIPS
For Immediate Release:
March 11, 2005
Contacts: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME -- The Maine Educational Loan Authority (MELA),
sponsor of The Maine Loan®, announced that it will continue to offer Maine residents or
out-of-state students planning to attend a Maine college or university, the
chance to win $2,500 toward their college education. Applicants sign up on the
MELA website at www.mela.net, and are
entered into the random drawings. MELA will select one entry in July 2005 and
another in January 2006.
Scholarship recipients must be current undergraduate or graduate college students
or high school seniors planning to pursue a two-or four-year degree on at least a
half-time basis. Unlike other scholarships available, the MELA Web Scholarship
is fast and easy, with no lengthy application necessary, no need to write an
essay, send recommendations or demonstrate financial need.
MELA is dedicated to helping Maine students and their families finance their higher
education. With the increasing cost of tuition and other related college
expenses, MELA provides an alternative student loan program that can help
families meet the gap between Federal financial aid limits and the total cost
of higher education. The supplemental
financial assistance available through MELA plays an important role in helping
many Maine students access higher education.
“The online scholarship program is another way
for MELA to give back to Maine students by helping them find financial
resources for higher education,” said Dr. Shirley Erickson, Executive Director
of MELA. “In addition, The Maine Loan
was recently redesigned to offers a low interest rate, generous borrower incentives,
a rapid application process, and customer service centered in Maine, making it the
most competitive alternative education loan available in Maine.”
Established by Maine legislation in 1988, MELA was created to assist Maine
students and their families in achieving their higher
education goals by providing an alternative student loan program. MELA’s
student loan programs exist to bridge the gap between the full cost of a higher
education and traditional financial aid resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352.
###
$2,500 MELA Scholarship Awarded Mount Desert Island High School
Graduate
For Immediate Release:
January 27,
2005
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland,
ME (January 2005) -- Megan Tibbetts, the daughter of Ronald and Vicki Tibbetts, of Bar Harbor, Maine,
was the second to be awarded a MELA Scholarship. Adam Krea, Assistant State Treasurer, drew Megan's
name from nearly 1,300 applicants. Megan will use her $2,500 scholarship toward her tuition and fees at
the University of Southern Maine where she is currently a student.
Megan is undecided about her college major at this time, but is considering women's studies.
She was thankful to receive the award, and said "The MELA Scholarship will assist me in paying
for college this semester."
The Maine Educational
Loan Authority (MELA), sponsor of The Maine Loan®, offers
Maine residents or out-of-state students planning to attend a Maine
college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net,
and are entered into the random drawing. MELA will select the next scholarship winner in June of 2005.
Scholarship recipients must be current undergraduate or graduate college
students or high school seniors planning to pursue a two- or four-year degree
on at least a half-time basis. Unlike other scholarships available, the MELA
Web Scholarship is fast and easy, with no lengthy application necessary, no
need to write an essay, send recommendations or demonstrate financial need.
“The online scholarship program fits perfectly with our mission of helping Maine
students and their families finance higher education,” said Dr.
Shirley Erickson, Executive Director of MELA.
Established by Maine
legislation in 1988, MELA was created to assist Maine students and their
families in achieving their higher education goals by providing an alternative
student loan program. MELA’s student loan programs exist to bridge the gap
between the full cost of a higher education and traditional financial aid
resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352
or click here to apply.
###
MELA Assists Record Number of Educational Loan Borrowers
For Immediate Release:
December 15,
2004
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland,
ME (December 2004) -- The Maine Educational Loan Authority (MELA), sponsor of The Maine Loan®, announced today
it has assisted a record number of over 1,400 students and families with
their educational financing needs in 2004. MELA's recent program enhancements
to The Maine Loan provide significant borrower benefits, lowering the cost
of borrowing and expanding access to the loan program.
The Maine Loan, one of the lowest cost alternative student loan options for
Maine families, is available to Maine students and out-of-state students
attending Maine colleges and universities. In addition to MELA's
historically low interest rates, program enhancements provide for instant
pre-approval, a fast and easy application process, incentive interest
savings, and lower fees for most borrowers. MELA's interest rate is set
annually so it cannot be increased by sudden changes in short-term interest
rates.
"Given the escalating costs of higher education coupled with the declining
purchasing power of federal and state grants, Maine students are increasingly
relying on alternative loans to finance their college education,"
stated Dr. Shirley M. Erickson, Executive Director of MELA. "MELA is
pleased to offer a highly competitive, low cost alternative student loan
designed to meet the educational financing needs of Maine students."
Established by Maine
legislation in 1988, MELA was created to assist Maine students and their
families in achieving their higher education goals by providing an alternative
student loan program. MELA’s student loan programs exist to bridge the gap
between the full cost of a higher education and traditional financial aid
resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352
or to apply online visit www.mela.net.
Also, visit MELA's web site to apply for a $2,500 scholarship drawing in
early January 2005.
###
$2,500 MELA SCHOLARSHIP AWARDED TELSTAR REGIONAL HIGH SCHOOL
GRADUATE
For Immediate Release:
July 1,
2004
Contacts: Shirley
Erickson, 800-922-6352, x. 3011
Portland,
ME (July 2004) -- Meagan Lunney, the
daughter of Jim Lunney and Donna Rowe, was the first to be awarded a
MELA Scholarship. Glenn A Cummings, Maine House of
Representatives’ Chairman of the Committee on Education and
Cultural Affairs, drew Meagan’s name from over 800 applicants in
MELA’s Portland office. Meagan will use her $2,500 scholarship
toward her tuition and fees at the University of Maine at Farmington
where she plans to attend this coming fall.
Meagan was involved in
theatre and music at Telstar Regional High School and was a member
of the softball team and the National Honor Society. She was pleased
to receive the award and said “The MELA Scholarship will be a
great help to me in paying my college expenses this year”.
The Maine Educational
Loan Authority (MELA), sponsor of The Maine Loan®, offers
Maine residents or out-of-state students planning to attend a Maine
college or university, the chance to win $2,500 toward their college
education. Applicants sign up on the MELA website at www.mela.net,
and are entered into the random drawing. MELA will select an
additional scholarship winner in January of 2005.
Scholarship recipients must be current undergraduate or graduate college
students or high school seniors planning to pursue a two- or four-year degree
on at least a half-time basis. Unlike other scholarships available, the MELA
Web Scholarship is fast and easy, with no lengthy application necessary, no
need to write an essay, send recommendations or demonstrate financial need.
“The online scholarship program fits perfectly with our mission of helping Maine
students and their families finance higher education,” said Dr.
Shirley Erickson, Executive Director of MELA.
Established by Maine
legislation in 1988, MELA was created to assist Maine students and their
families in achieving their higher education goals by providing an alternative
student loan program. MELA’s student loan programs exist to bridge the gap
between the full cost of a higher education and traditional financial aid
resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352
or click here to apply.
###
MELA OFFERS MAINE STUDENTS TWO $2,500
SCHOLARSHIPS
For Immediate Release:
March 26, 2004
Contacts: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME -- The Maine Educational Loan Authority (MELA),
sponsor of The Maine Loan®, announced that it will offer Maine residents or
out-of-state students planning to attend a Maine college or university, the
chance to win $2,500 toward their college education. Applicants sign up on the
MELA website at www.mela.net, and are
entered into the random drawing. MELA will select one entry on June 30, 2004 and
another on January 1, 2005.
Scholarship recipients must be current undergraduate or graduate college students
or high school seniors planning to pursue a two- or four-year degree on at least a
half-time basis. Unlike other scholarships available, the MELA Web Scholarship
is fast and easy, with no lengthy application necessary, no need to write an
essay, send recommendations or demonstrate financial need.
MELA is dedicated to helping Maine students and their families finance their higher
education. With the increasing cost of tuition and other related college
expenses, MELA provides an alternative student loan program that can help
families meet the gap between Federal financial aid limits and the total cost
of higher education. The supplemental
financial assistance available through MELA plays an important role in helping
many Maine students access higher education.
“The online scholarship drawing is another way
for MELA to give back to Maine students by helping them find financial
resources for higher education,” said Dr. Shirley Erickson, Executive Director
of MELA. “In addition, The Maine Loan
was recently redesigned to offer maximum borrower incentives, making it the
most competitive alternative education loan available in Maine.”
Established by Maine legislation in 1988, MELA was created to assist Maine
students and their families in achieving their higher
education goals by providing an alternative student loan program. MELA’s
student loan programs exist to bridge the gap between the full cost of a higher
education and traditional financial aid resources. Since its creation, MELA has
helped thousands of Maine residents pay for college with the overall lowest
cost alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352.
###
The MAINE LOAN®
OFFERS MAXIMUM BORROWER BENEFITS ON ALTERNATIVE EDUCATION LOANS
For Immediate Release: February
2,
2004
Contacts: Shirley
Erickson, 800-922-6352, x. 3011
Portland,
ME --
The Maine Educational Loan Authority (MELA)
announced today several program enhancements to
The Maine Loan®
effective June 1, 2004 making it one of the best
and lowest cost alternative student loan options
for Maine families. While maintaining The Maine
Loan's historically low interest rate, The Maine
Loan enhancements will allow for instant
pre-approval, a fast and easy application
process, higher approval rate, incentive
interest savings, and lower fees for most
borrowers. The online application process with
electronic signature, available June 1, will
make it one of the easiest alternative education
loans to apply for, and one of the most
streamlined processes for colleges.
The Maine Loan is available to Maine
students and out-of-state students attending
Maine colleges and universities. MELA’s
interest rates are fixed annually so they cannot
be increased by sudden changes in the prime
rate. Along with its extremely low variable
interest rate (currently 3.99%), The Maine Loan
offers the option to defer both principal and
interest while in school, a wide range of
flexible repayments terms, and no aggregate
borrowing limit.
Additional
cost savings benefits to borrowers include:
-
Low guarantee fee based on past credit history;
-
Co-borrower release after thirty-six (36) months of initial, consecutive on-time payments;
-
Interest rate reduction of 0.50% after forty-eight (48) months of initial, consecutive on-time payments;
-
Interest rate reduction of 0.25% for electronic funds transmission (EFT) payments; and
-
Implementation of a six (6) month grace period.
“The Maine Loan, which has been one of the lowest cost
alternative education loans available, is now even more beneficial to borrowers through
the new borrower benefits being offered,” stated Dr. Shirley Erickson, Executive
Director of MELA. “In addition to lowering the cost of borrowing, we are confident that
the new program enhancements will provide for a simplified and rapid application process
for students and their families.”
Established by Maine legislation in 1988,
MELA's mission is to assist Maine students and
their families in achieving their higher
education goals by providing an alternative
student loan program. MELA’s student loan
programs exist to bridge the gap between the
full cost of a higher education and traditional
financial aid resources. Since its creation,
MELA has helped thousands of Maine residents pay
for college with the overall lowest cost
alternative educational loan programs available.
For more
information, please call toll-free 1-800-922-6352
or click here to apply.
###
MELA GIVES $100,000 TO
COMPACT FOR HIGHER EDUCATION
For Immediate Release:
May 20, 2003
Contacts: Shirley
Erickson, 800-922-6352, x. 3011 or
Leanne Greeley Bond, ME Development Foundation,
622-6345
Augusta, ME -- The
Compact for Higher Education, a joint effort of
the Maine Development Foundation and the Maine
Community Foundation, announced today that it
has received a donation of $100,000 from the
Maine Educational Loan Authority (MELA). The
pledge will be distributed in $20,000 increments
over the next five years.
The Compact, which is chaired by Joseph Boulos,
was established to raise awareness of the
importance of higher education among Maine
citizens. Its goal is to increase educational
achievement and skill level of all Maine people
to improve economic growth and community health.
"This gracious pledge from MELA serves as a
solid foundation for our fundraising
efforts," said Henry Schmelzer, president
and CEO of the Maine Community Foundation,
"and enables us to further develop our
long-range plan to dramatically enhance higher
education achievement in Maine over the next
decade."
"We are most grateful for this generous
donation from MELA," said Henry Bourgeois,
president and CEO of the Maine Development
Foundation. "We appreciate not only the
financial contribution, but also the support of
this respected organization that shares our
goals for Maine."
MELA joins other organizations, including the
Maine Community Foundation, the MELMAC Education
Foundation, the Libra Foundation and the
Mitchell Institute, that have contributed to the
Compact.
Established in 1988, MELA’s mission is to
assist students and their families in achieving
their higher education goals by providing a
supplemental or alternative student loan
program. Since its inception, MELA has helped
thousands of Maine residents pay for college
with the overall lowest cost alternative
educational loan programs available.
"We are glad
to assist with this most important endeavor, and
hope that our donation will help pave the way
for its success," stated Dr. Shirley M.
Erickson, Executive Director of MELA.
"Given increased costs of higher education,
current caps on Federal education loans, and
limited state grant programs, more than ever we
must reinforce and demonstrate how vital
investment in education is to the health and
well being of Maine’s economy."
###
MELA STUDENT LOAN RATES DROP
BELOW 4%
For Immediate Release:
May
30, 2003
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland,
ME (May 30, 2003) -- Another
significant drop in student loan interest rates
this year will make paying for college a little
easier for Maine families. The Maine Educational
Loan Authority (MELA) offers two alternative
student loans: The Maine Loan® with a new
variable interest rate of 3.99% and The
Maine Medical Loansm with a new
interest rate of 3.12% while the student
is in school. With the lowest rates offered by
MELA in over 14 years, The Maine Loan and The
Maine Medical Loan borrowers could save several
thousand dollars over the life of their loans,
making Maine’s lowest cost alternative
education loans even more attractive to students
and their families.
The Maine Loan,
available to Maine students and out-of
state-students attending Maine colleges and
universities, is one of the lowest cost
alternative education loans available. MELA’s
interest rates are fixed annually so they cannot
be increased by sudden changes in the prime
rate. Along with its extremely low interest
rate, The Maine Loan offers the option to defer
both principal and interest while in school, a
wide range of flexible repayment terms, and no
aggregate borrowing limit. Recent enhancements
to the program include a simplified application
and a $100 principal balance rebate.
The Maine Medical
Loan, another program offered by MELA, has also
significantly reduced its variable interest rate
to 3.12% while the student is in school, and
3.37% while in repayment. Last year, MELA
expanded the scope of its medical loan program
to include other degrees in addition to the
Doctor of Medicine and Doctor of Osteopathic
Medicine such as dentistry, veterinary medicine,
optometry, podiatry, and chiropractic. This
initiative provides MELA with the opportunity to
assist additional Maine residents pursuing a
wide-range of medical degrees.
"Meeting the
increased costs of higher education continues to
be a significant challenge for students and
their families," said Dr. Shirley Erickson,
Executive Director of MELA. "MELA is
committed to offering low cost, alternative
educational financing to help make a college
education more accessible and affordable for
increasing numbers of Maine residents."
MELA recently pledged $100,000 in support of the
Compact for Higher Education. The Compact, a
joint effort of the Maine Development Foundation
and the Maine Community Foundation, was
established to raise awareness of the importance
of higher education among Maine citizens.
Established by Maine legislation in 1988, MELA's
mission is to assist Maine students and their
families in achieving their higher education
goals by providing an alternative student loan
program. MELA’s student loan programs exist to
bridge the gap between the full cost of a higher
education and traditional financial aid
resources. Since its creation, MELA has helped
thousands of Maine residents pay for college
with the overall lowest cost alternative
educational loan programs available.
For more information, please call
toll-free 1-800-922-6352 or to apply online, click
here.
###
MELA ANNOUNCES $100 REBATE
FOR STUDENT LOAN BORROWERS
For Immediate Release:
March 14, 2003
Contact: Shirley
Erickson, 800-922-6352, x. 3011
Portland, ME--The
Maine Educational Loan Authority (MELA) has
announced that in an effort to reduce the cost
of borrowing for students and their families, it
will offer a $100 rebate on all disbursements of
The Maine Loan® between June 1, 2003
and May 31, 2004. The rebate will be applied to
the principal balance of a borrower’s loan,
thereby lowering the repayment amount and the
interest accrued. MELA anticipates investing
thousands of dollars in this program, which will
make Maine’s lowest cost alternative education
loan even more attractive to its borrowers.
"This new incentive program is a great
attribute to The Maine Loan because it has an
immediate and direct financial benefit to the
borrower," stated Dr. Shirley M. Erickson,
Executive Director of MELA. "As the cost of
higher education continues to increase, MELA is
committed to finding ways to assist families in
paying for the increased costs of college
attendance. MELA views this rebate program as
one way to decrease those financial challenges
associated with paying for college."
The Maine Loan, available to Maine residents
attending eligible colleges in the United States
and Canada, and to out-of-state residents
attending eligible colleges in Maine, is
currently one of the lowest cost alternative
education loans available. Along with its low
variable interest rate, The Maine Loan offers a
wide range of flexible repayment terms and there
is no aggregate borrowing limit. The Maine Loan
also includes the option to defer principal and
interest while the student is in school.
MELA was created and established by Maine
legislation in 1988 to assist Maine students and
their families in achieving their higher
education goals by providing an alternative
student loan program. MELA’s student loan
programs exist to bridge the gap between the
full cost of a higher education and traditional
financial aid resources. Since its creation,
MELA has helped thousands of Maine residents pay
for college with the overall lowest cost
alternative educational loan programs available.
For more information, please call
toll-free 1-800-922-6352 or to apply online, click
here.
###
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