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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.

FAFSA Day MA Challenge Scholarship Winners for 2019-20
Winners include Academy of the Pacific Rim Charter Public School, Central Catholic High School, and Brockton High School. …
By Jan Combs    |
Appealing Your Financial Aid Offer During COVID-19
Experts explain how to appeal, who should appeal, how colleges are handling appeals, if you can submit deposits at more than one school, and what deferment might mean for aid. …
By Julie Shields-Rutyna    |
What We Learned About College Affordability: A Twitter Chat Recap
Read what we learned about creating a financial plan, financial aid options, financial planning, financial aid timelines, and staying on top of payments throughout college. …
By Ajea Stupart    |
What is the Effect of Retirement Savings on Financial Aid?
Retirement savings are not reported on the FAFSA, but they are reported on the CSS Profile, meaning they could potentially affect your financial aid award at certain schools. …
By Lauren Patten    |
Highlights include the launch of a chat bot to answer questions from student borrowers, the consolidation of several Federal Student Aid websites, a new Informed Borrower Tool, an offering of income-share agreements, and a new Loan Simulator. …
By Meredith Barnhart    |
Learn what we mean by "extenuating circumstances", what qualifies as an extenuating circumstance, what you need to submit to your college, and when to submit it. …
By Jonathan Sparling    |
College Savings Accounts and Financial Aid
We answer frequently asked questions including does a student get ignored for financial aid if the family has a college savings account, how does a college savings account affect my eligibility for financial aid, will the financial aid amount change once the school learns of my college savings account, and what happens if my grandparents save for my college? …
By Meredith Barnhart    |
Satisfactory Academic Progress (SAP): What You Need to Know
Learn about SAP Criteria and Examples, what happens if you do not meet a college's SAP standards, common myths about SAP, and how to stay on track. …
By Lauren Patten    |
Financial Aid for Undocumented Students or Parents
We provide tips on how you should file the FAFSA, who you should contact at the colleges you are applying to, which loans you can borrow, and what scholarships to apply for. …
By Meredith Barnhart    |
10 More Financial Aid FAQs
Question topics include work-study, other real estate, legal guardianship, savings bonds, loan interest rates, businesses, parent credit, and transgender students…
By Meredith Barnhart    |
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