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Questions
Call us at (800) 449-MEFA
Monday to Friday, 8am-6pm ET, or email us anytime at collegeplanning@mefa.org
Repayment
Repaying Your Federal Student Loans: 5 Facts You Should Know
Facts include that payment application is dictated by federal regulation, paying extra results in a “paid ahead” status, paying extra can save you money over time, sometimes accrued interest can capitalize, and sometimes it’s okay if your payment amount is less than your accrued interest.