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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.

How to Refinance Student Loans
Tips include researching the benefits, understanding your loans, deciding on a fixed or variable interest rate, comparing lenders, and preparing your documents. …
By Lauren Patten    |
Tips include knowing your student loan servicer, knowing how you will pay, creating a budget, saving, and considering future goals. …
By Ajea Stupart    |
We interview the ScholarJet CEO & Co-Founder about what ScholarJet is, how it got started, how students and recent graduates can apply, and student success stories. …
By Lauren Patten    |
How I'm Paying off My Student Loans, FAST!
Strategies include make a plan, think about the payoff order, prioritize, spend less, and make more. …
By Lauren Patten    |
We interview the Assistant General Counsel at the Missouri Higher Education Loan Authority about how debt relief scams work, what the end goal of the scammers is, and how borrowers can protect themselves from scams. …
By Jonathan Sparling    |
5 Things to Know About Public Service Loan Forgiveness (PSLF)
Make 120 eligible payments while working for an eligible employer, it doesn't matter what you do for a living, don't consolidate unless you are required to, submit your proof of employment annually, and don't pay more than you have to.…
By Betsy Mayotte    |
Tips include talking to your loan servicer, talking to friends, creating a budget, setting a goal, and making a plan. …
By Ajea Stupart    |
Repaying Your Federal Student Loans: 5 Facts You Should Know
Facts include that payment application is dictated by federal regulation, paying extra results in a "paid ahead" status, paying extra can save you money over time, sometimes accrued interest can capitalize, and sometimes it's okay if your payment amount is less than your accrued interest. …
By  , Betsy Mayotte    |
How Does a Recent Grad Handle Student Loan Repayment?
A UMass Amherst graduate breaks down his plan - including tackling private loans first, consolidating federal loans, switching to an income-based repayment plan, and factoring loans into an overall monthly budget. …
By Sean Hauter    |
Is Your Child Entering Federal Student Loan Repayment?
Tips include making a list of all federal loans borrowed, determining the monthly payment total. and setting a budget. …
By Meredith Barnhart    |
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