The manager the Commonwealth Commitment program explains her role at the Department of Higher Education, how Reverse Transfer Pathway helps students, the benefits of the Commonwealth Commitment program, how it compares to programs in other states, and how students learn about the program. …
By Julie Shields-Rutyna    |
We break down the SAI formula, including how to determine both your Parent Contribution and Student Contribution based on income and assets. …
By Meredith Clement    |
Before borrowing, take into consideration what you expect to make in your first job, what your loan payment will look like when you graduate, and what you estimate your other future expenses to be. …
By Lisa Rooney    |
Tips for a healthy credit score include pulling your free annual credit report, identifying the credit score you have and the credit score you need, knowing how your credit score is calculated, and raising your score if necessary. …
By Jonathan Hughes    |
We break down the most common examples, including books, laptop, travel, dorm needs, parking fees, and food and beverage. …
By Lauren Danz    |
Determine each school's total cost including billed and unbilled expenses, determine each school's net cost including grants and scholarships, and determine any future year net cost changes by speaking to the financial aid office. …
By Amy Staffier    |
The Director of Financial Aid at Brandeis University discusses her journey to Boston College from a community college, adjustments she faced after transferring, the benefits of the Commonwealth Commitment, and potential challenges for community college students. …
By Julie Shields-Rutyna, Catherine Nelson    |
Calculate your SAI by entering your state of residence, the number of people in your household, information about the finances of the student's parents, and financial information for the student.…
By Meredith Clement    |
Next steps include signing the MEFA Loan Agreement (MLA) and Self-Certification Form, having the college certify the loan, setting up an account with our servicer American Education Services (AES), returning excess funds, and making voluntary payments if you wish to do so. …
By Stephanie Wells    |
MEFA is excited to be a part of ForYouNotForProfit.org, which includes information on financial aid and scholarships, guidance on establishing a college savings account, and a streamlined search engine to help students and parents find education loans through non-profit and state-chartered organizations.…
By Lauren Danz    |