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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.

Another Round of Financial Aid FAQs
Learn how to report join accounts, what to do if a parent is also in school, how schools consider your cost of living, and when to submit financial aid applications. …
By Meredith Barnhart    |
Scholarships with December Deadlines
Scholarships include Generation Google Scholarship, Stephen J. Brady Stop Hunger Scholarship, AvaCare Medical Scholarship, Getting Real About Distracted Driving Scholarship, AfterCollege Science Student Scholarship, and Brain Reference Scholarship. …
By Lauren Patten    |
How to Maximize Financial Aid
Tips include apply on time, submit the correct applications, updated your colleges with changes, comply with Verification, and submit separate applications for merit aid…
By Meredith Barnhart    |
Understanding Your EFC
Topics include defining the EFC, the EFC formula, EFC location, and multiple EFCs.…
By Meredith Barnhart    |
Applying for Financial Aid FAQs
Learn how the process works for twins, which 529 plans to report, who should be the custodial parent, how to include special circumstances, and more. …
By Meredith Barnhart    |
Ways to Minimize Student Loan Debt
Tips include finding scholarships, renting textbooks, participating in MassTransfer, taking advantage of employer loan repayment, and making your minimum loan payment. …
By Mary Rubenis    |
Scholarships with November Deadlines
Scholarships include The Andrew Flusche Scholarship Contest, Future Designer Scholarship, Ivey Engineering Inc. Scholarship, Prudential Spirit of Community Awards, Create Real Impact Contest, Education Matters Scholarship, and Global Therapy 2020 Academic Excellence Award. …
By Lauren Patten    |
What's the Difference Between the U.Fund and U.Plan?
The U.Fund offers flexibility, can be used for qualified education expenses, and is invested in the market. The U.Plan offers peace of mind, can be used for tuition and mandatory fees, and is invested in bonds. …
By Jonathan Hughes    |
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    |
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