Opportunity Maine
The Opportunity Maine Program provides a state income tax credit to defray annual student loan payments to graduates of Maine colleges who pay income taxes in Maine. The tax credit applies to all ºÚÁϳԹÏÍø±¬ÍøÕ¾ graduates who took undergraduate student loans after January 1, 2008. The maximum annual credit is capped based on: the taxpayer’s state tax liability, the annual amount of student loan repayment made in the tax year, or $10,632 (figure adjusted annually based on University of Maine System figures), whichever is lowest.
Please review the resources and FAQs below for more information.