Hundreds of thousands of families have turned to MEFA for guidance on paying for college and we want to help you too.
1. Know before you borrow
Consider all your options before borrowing loans that you'll have to repay with interest. Most people use a combination of past income (savings), present income (salary, bonuses) and future income (loans) to pay their college costs. If you do need to borrow, start with federal student loans as they typically offer the best terms.
2. Do your loan homework
If you decide to borrow to cover part of your education expenses, educate yourself first. Learn common lending terms, research your options and compare loans based on both what you'll pay now and how much you'll pay overall. You can find a wealth of information and advice at mefa.org. Remember, there is no perfect loan only the right loan for your specific family situation.
3. See how we've helped others
MEFA got Catherine the predictable monthly payments she wanted and the college loan her son needed.
View videoMEFA helped Jim feel comfortable with the college financing process and get a loan for his son.
View videoMEFA made it easy for Dick to find and apply for a loan to help his grandson get to college.
View video4. Apply Now
It's easy to apply and we're happy to help. You can apply online today for an instant credit decision, or apply over the phone or by mail. For assistance, call us at 1.800.266.0243
