The Federal Student Loan repayment pause ends on October 1st. Are you ready? Would you like to know more about the options available to you when paying back your student loans? Would you like to learn more about how to consolidate loans to make repayment smoother? Whether you have recently graduated from college or have been repaying your student loans for a long time, join us to learn how to best manage your student loan repayment.

Join a money specialist from The Finance Authority of Maine as we cover these topics and more. In this virtual workshop we’ll discuss federal and private student loan repayment as well as Public Service Loan Forgiveness for federal student loans. We’ll share the necessary resources for successful student loan repayment – including an overview of federal student loan consolidation and private education loan refinancing. Bring your questions and join us for this 1-hour virtual workshop.  

This workshop is offered by FAME in partnership with adult education programs across Aroostook, Hancock, Penobscot and Washington Counties.  This is live online using ZOOM.

Tuesday, September 26, 6pm-7pm

Nikki Vachon, College Access Counselor at FAME will be sharing information about programs that student loan borrowers might want to take advantage of. She has worked in the financial aid field for over 26 years and is passionate about sharing information and helping students and borrowers. She welcomes interaction and questions in classes and will end the session with helping attendees look up their loan information and creating a list of next steps.

Federal Student Loans have gone back into repayment. How’s it going? If you are struggling with your payments, did you know there are several income-based repayments plans as well as deferment or forbearance? Did you know you could get .25% off your interest rate if you sign up for auto-debit on your federal loans? Do you know you can work towards loan forgiveness now if you work for a non-profit, government or tribal agency? Whether you have recently graduated from college or have been repaying your students loans for a long time, join us to learn how to best manage your student loan repayment. Join Nikki Vachon, College Access Counselor from the Finance Authority of Maine as she shares pro-tips and answers questions. 

Cash is arguably the most important factor in business success. D&B reports 90% of all small business failures are due to poor cash flow—more money gets paid out than collected. It is the non-financial manager who really makes a difference in the day-to-day cash activities. Discover how to maximize cash flow, learn the importance of cash and find out your role in cash flow success.

For more information or to register please click the link.

In this course, you will learn how to post journal entries to the correct general ledger accounts impacted by each transaction. This course will show you how to make sure your general ledger balances at the end of each month by preparing an unadjusted trial balance. You will learn how to look for errors when you don’t balance, and how to determine to correct entries. After posting correcting entries and/or adjusting entries, you will verify debits and credits equal with an adjusted trial balance. This course also goes through the steps of performing monthly bank reconciliations.

For more information or to register please click the link.

How do you keep track of the day-to-day financial transactions of a business?  Whether you are looking to advance in your career, or you’re an entrepreneur, (or maybe you are a part of a family business), this course will help you if you are looking to understand the numbers. 

Understand and record every penny that comes into your business and every penny that goes out of your business. Create a chart of accounts that meet your needs.   All of the money you spend, and all of the money you earn, have a place to go.  What are debits and credits?  What do the numbers mean?  How do I label accounts?  No one should be blind to his or her finances!  

Learn where the numbers go, and why!  You will learn the bookkeeping terminology as well as what it means to keep track of the numbers.  At the end of the cycle, what do the numbers mean?  The Basics of Bookkeeping will show you how to keep track of the numbers and why!

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This is a live, online Zoom class:

Would you like to get into the habit of budgeting this New Year? Join our class for a smooth ride into creating your personalized budget and learn how to handle big expenses effortlessly. Whether you're self-employed or deal with seasonal income, we've got you covered for crafting a budget that stands strong in slow months.

The goal is to make budgeting a breeze. Walk away with the skills to understand, create, and conquer your budget, along with mastering short and long-term savings goals. This class is open to all—individuals, families, young, or experienced.

Devina Iyer is a seasoned bookkeeper and personal finance enthusiast. She's helped small businesses boost their financial well-being and is now keen on sharing practical budgeting skills with more people.

Are your family and loved ones prepared to handle your affairs in the event that you can't? Join Attorney Tim Stanley for a discussion about the probate process, wills, trusts, and powers of attorney and preparing for the possibility of long term care expenses. The class will be formatted as a lecture series with the opportunity to ask questions. Provided materials are meant to supplement the in-class discussion.

Offered with Maine Community Bank, Bangor Savings Bank, Norway Savings Bank, and Sebago Lakes Region Chamber of Commerce.

Are you looking for a stable, in-demand, professional career?  Join us this spring for our seven-week bank teller training certification course.  You'll receive content-area instruction from local banking professionals, work readiness skills training, and the oportunity to participate in a mock interview.  Get the knowledge and confidence to begin a successful career within the banking industry.  Please call Jessica Trimmer at 892-1819 to be included on the interest list for this exciting training opportunity!
Scholarships are available for qualified candidates.