MEFA is your one-stop resource for higher education financing information. In addition to news about our own programs and services, we provide current college financing information from a variety of sources. View our Media Kit for a college financing calendar and a summary of products and services.
If you have a question about your student loan, please call 1-800-449-MEFA (6332).
Press Releases:
Boston—The U.Plan Prepaid Tuition Program, which locks in future tuition at today's prices, opened its annual enrollment period May 1 and Massachusetts families have until June 30 to save in the U.Plan. The U.Plan is a safe college savings investment, making it an important piece of the college financing plan. In its twelve year history, more than 36,000 Massachusetts families have invested the Commonwealth's Prepaid Tuition Program.
Boston—Effective July 1, 2008, MEFA is suspending all Federal education loans, including the Stafford Loan for undergraduate and graduate students, PLUS, and Graduate PLUS. Additionally, effective immediately, MEFA will not accept any new Federal Consolidation applications. The unprecedented disruption in the capital markets coupled with federal changes has prevented MEFA from securing funds for its federal education loan programs.
03/17/08
Boston—Good Morning Senator Kennedy and Distinguished Members of the Panel, Thank you for the opportunity to appear before you today to discuss access to college in a turbulent economy. My name is Thomas M. Graf, and I serve as the Executive Director of MEFA, The Massachusetts Educational Financing Authority. I'm honored to provide testimony on behalf of MEFA, the Commonwealth's self-financing, not-for-profit state authority dedicated to assisting parents, students, colleges, and universities in meeting the challenges of financing higher education.
