Our mission of college affordability since our founding has been to help students and families access and afford higher education and reach financial goals through education programs, tax-advantaged savings plans, fixed-rate loans, and expert guidance. All of our work aligns with our ever-present goal to support the independence, growth, and success of students and families.
A Tradition of Service
The Massachusetts state legislature created MEFA in 1982 at the request of colleges and universities across the Commonwealth. From the start, our mandate has been to offer fixed-rate college financing to families of aspiring college students.
MEFA is an authority on planning, saving, and paying for college. Our dedicated professionals draw on vast experience and insight, and work collaboratively with community organizations, high schools, and colleges to bring an integrated college-planning program to students and families.
Versatile Products and Services
MEFA offers access to powerful and affordable financial products to help students pay for college expenses and a vast array of resources to assist with each step of the college planning process. Learn More →
As a state authority established by the Commonwealth of Massachusetts to perform an essential public function, helping families cover education expenses, we adhere to a set of guiding principles that promote borrower success. Learn more →
To request materials or information on this website in accessible formats for individuals with disabilities (braille, large print, electronic, or audio), please email Lauren Patten at firstname.lastname@example.org or call 617-224-4856.
Sign Up for Emails
college planning tips.