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Financial aid can be a big help in paying for college. In the 2012-2013 academic year, over $238.5 Billion of financial aid was awarded to students in the United States. There are many different sources and types of financial aid, and the way each college awards financial aid is different. Read through the following sections to get the information your family needs to help make the right college decision. 






Learn about the different types of financial aid, the differences between need- and merit-based aid and see a list of MEFA’s suggested questions to ask each college’s financial aid office.  

Go to Financial Aid Overview  





Understand financial aid eligibility requirements. 

See Eligibility Requirements   



Financial Aid Applications 


Find critical information on the FAFSA and CSS/Financial Aid PROFILE®, as well as tips for successfully filling out these applications. 

Learn About Financial Aid Applications  



After You Apply 


Learn about Expected Family Contribution (EFC), Cost of Attendance (COA) and how financial aid packages are determined and awarded. 

See What Happens After You Apply  



Make a Plan to Pay 


Learn more about the college bill and find steps and tips to help you navigate the payment process.   

Learn About Making a Plan to Pay  



How to Be a Wise Borrower 


Find smart tips on how to approach borrowing and learn the important basics of financing. 

Become a Wise Borrower  





Learn about resources to help families, including information on FAFSA Day, scholarship searches, calculators and links to other important sites like, the Commonwealth’s free education and career portal. 

See the Free Resources  

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Find a MEFA financial aid seminar near you 






Download MEFA’s After the Acceptance Presentation 



Ask a MEFA Expert 


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Ask an expert about financial aid or college admissions
phone Phone
Call 1.800.449.6332
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