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What do I need to do to receive the $500 Alfond Grant?

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What do I need to do to receive the $500 Alfond Grant?

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You need to open a NextGen® account before your baby’s first birthday so the $500 Harold Alfond College Challenge Grant can be credited to your account where the grant and any earnings remain until your child is ready for education beyond high school. Remember, there is no need to put any of your own money into the account to receive the grant. However, the Harold Alfond College Challenge hopes you will invest in your own child’s future. The application available online is the NextGen Client Direct Series Account Application and is a national application for all people who want to open a NextGen account directly.* Not all sections on the application are required. The Frequently Asked Questions below were developed to help individuals who wish to open a NextGen Client Direct Series account to obtain the $500 Harold Alfond College Challenge Grant.

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