MEFA partners with the following entities to deliver the highest quality service for our many programs.
Affiliated Computer Services (ACS)
American Student Assistance (ASA)
Fidelity Investments
Tuition Management Systems (TMS)
Welch & Donohoe, LLP
W.A. Wilde Company
(Click on any name for a more detailed description.)
We work closely with our partners in the form of daily meetings and conversations as well as regular visits to partner sites. Together with our trusted partners, we strive to provide you with a seamless and worry-free experience as a MEFA customer. (PLEASE NOTE: Clicking on any of the following links will take you away from the MEFA web site to a MEFA trusted partner site.)
ACS (Affiliated Computer Services) is MEFA’s trusted partner in conducting the everyday business of private (alternative) loans. They process loan applications, and manage your loan accounts during repayment.
In higher education, ACS provides outsourcing solutions to over 1,000 college and university financial aid offices, is the largest servicer in the country, and manages over 9.2 million borrowers with outstanding loans totaling more than $108 billion.
ACS has designated a specialized group to work only with MEFA loans. This allows MEFA to offer a wide array of services as well as the benefits of a dedicated team. Borrowers may apply for a MEFA loan with same-day credit review, make payments, submit an address change, and otherwise manage their MEFA account(s) online.
ASA (American Student Assistance) is MEFA’s Family Federal Education Loan Program (FFELP) guarantor. ASA processes and guarantees MEFA’s Federal Stafford and PLUS loans, providing customer service as well as processing support.
American Student Assistance (ASA) is the oldest and one of the largest Federal Family Education Loan Program (FFELP) guaranty agencies in the United States. In its role as a national guarantor, ASA offers federal Stafford Student Loans and Parent Loans for Undergraduate Students (PLUS). For over 40 years, ASA has helped 2.4 million students pursue their academic dreams by assisting them in successfully completing a program of education financing and repayment.
Borrowers may apply for PLUS Loans online, and may check the status of their Stafford and PLUS Loans. Colleges and universities have a variety of tools and reporting options available in addition to automated file exchanges for the processing of FFELP loans.
Fidelity Investments and MEFA work in partnership to bring you the Massachusetts 529 College Investing Plan, the U.Fund. Fidelity Investments is an international provider of financial services and investment resources that help individuals and institutions meet their financial objectives. Once known primarily as a mutual fund company, Fidelity has adapted and evolved over the years to meet the changing needs of its customers. Today, that evolution is reflected in its menu of products and services. In addition to more than 300 Fidelity mutual funds, Fidelity also offers discount brokerage services, retirement services, estate planning, wealth management, securities execution and clearance, life insurance, and more.
MEFA U.Fund savers may use Fidelity’s website for the U.Fund to learn about the program, set up an account, use calculators and savings planners to estimate or project their investment options, or navigate to other areas of the web site if they already have an account.
TMS (Tuition Management Systems), the nation’s leader in customized payment options partners with MEFA, to provide college financing solutions with many Massachusetts colleges. TMS education financing counselors help families work education costs into their budgets.
TMS offers a suite of products and services to member school partners including billing, payments processing and Education Payment Counseling. By outsourcing these services, educational institutions are able to cut costs, improve service, increase cash flow and reduce delinquency.
TMS offers customized counseling and payment plan options as determined by the college. You may contact your college directly or visit Tuition Management Systems to find out if your college is a TMS payment plan partner.
Welch and Donohoe, LLP is a law firm with extensive experience in real estate law, municipal law and civil litigation. This firm handles the administrative and servicing aspect of MEFA's Home Equity Option. For further information, visit www.welchdonohoe.com.
W.A. Wilde Company MEFA partners with W.A. Wilde Company to provide customized MEFA product and service information.
W.A. Wilde is a direct marketing services leader, known for attention to detail and commitment to service. A member of Mail and Fulfillment Service Association (MFSA), Wilde has led the industry in proving the technologies that are today regarded as commonplace. With over 525 full-time employees, Wilde has the capacity to laser print over 1.8 million pages per day, insert and mail over 2 million envelopes per day and fulfill over 25,000 broker/dealer orders and 20,000 retail literature requests per day. Private ownership (fifth generation) and management by a few hands-on executives, permit clear and clean decision-making and rapid response to client requirements in a dynamically changing marketplace.