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MEFA Blog

MEFA Blog

Keep up to date with the latest news about planning and financing a college education and preparing for your financial future, from experts here at MEFA and across the industry. Browse through our blog and use it as your very own college planning guide.

College Admissions in a Year of Uncertainty
A Senior Associate Director of Admissions answers questions including how admissions offices handle missed or swapped classes, how students can be the best applicants, and how this year's deferrals may impact next year's admissions. …
By Andrew Carter    |
The U.Plan Prepaid Tuition Program and COVID-19
Learn what a tuition decease means for your lock-in, if it makes sense to invest if tuition has decreased, and how much your U.Plan earnings are worth if utilizing them when tuition has deceased. …
By Lisa Rooney    |
Key Details of the U.Plan Prepaid Tuition Program
With the U.Plan, you can save all year long, there's a minimum, it's a safe investment, it's for undergraduate study, you don't have to decide on a school now, there are age restrictions, and there are tax incentives. …
By Lisa Rooney    |
FAQs on Borrowing Student Loans During Uncertain Times
Topics include the amount to borrow, the timing of applying, reducing loan amounts, and increasing loan amounts …
By Stephanie Wells    |
Saving for College While Paying Off Student Loans
When deciding which to prioritize, use tools to determine the cost of delaying saving for college and the interest you will save by prepaying your loan. …
By Jonathan Hughes    |
Virtual College Visits
Learn about virtual campus tours, virtual information sessions, video chat admission interviews, and other virtual offerings at places including Bennington College, Northeastern University, Salem State University, University of Massachusetts Amherst, and Syracuse University. …
By Mary Rubenis    |
9 Tips for Success as College Goes Online
Tips include setting up your space, scheduling study time, planning meals, connecting with others, and engaging with professors. …
By Meredith Barnhart    |
Private Student Loans vs. Federal Student Loans: What's the Difference?
Federal loans can be subsidized or unsubsidized, have an interest rate of 2.74% for the 2020-21 academic year, and tend to be more lenient with repayment. Private loans are offered by various lenders, typically have interest rates tied to credit scores, and usually are stricter with repayment.…
By Shaun Connolly    |
How Brockton is Making an Impact on College and Career Planning
The schools in the Brockton District have utilized MEFA Pathway, been inaugural schools for Common Application integration, and won the FAFSA Day Challenge. …
By Jennifer Bento-Pinyoun    |
Answering Your Questions About Student Loans
Questions include how do I get the Federal Direct Student Loan, how do lenders decide on the interest rate they offer each borrower, how do we pay a loan's origination fee, and how long does it usually take for a student loan application to process.…
By Meredith Barnhart    |
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