MEFA's 'Paying the College Bill' Program Helps Families Make Critical Decisions
Martha Savery, Director of Public Affairs
BOSTON – College acceptance letters are now arriving in the mail, and high school seniors and their parents face major decisions. Selecting which college to attend and figuring out how to pay for it are two critical choices with lasting implications.
To guide students and parents through this process, the Massachusetts Educational Financing Authority (MEFA) is offering a suite of free services and important information as part of its Paying the College Bill program. MEFA, the Commonwealth's non-profit authority on planning, saving and paying for college, is offering one-on-one counseling with experts, free seminars across the Commonwealth and a range of online resources including webinars, video tutorials and college cost calculators.
The goal of the Paying the College Bill program is to ensure that families have timely and important information to make informed enrollment decisions. The in-person seminars will help parents and students compare financial aid offer from colleges and develop a plan to pay the balance due after subtracting financial aid. MEFA is holding the free seminars at numerous locations across the state from late March to early April. To find a seminar being held at a convenient location or time, visit mefa.org/webinars . Families unable to attend an in-person seminar are encouraged to visit mefa.org to take advantage of MEFA's many on-line resources.
"After the excitement of college acceptances fade, parents and students will face important financial decisions. We urge them to seek out the expert and free advice from MEFA to help them develop a four-year plan to pay the college bill," said Martha Savery, Director of Public Affairs and Communications for MEFA, the Massachusetts Educational Financing Authority.
For more information about MEFA's Paying the College Bill program, visit mefa.org or call (800) 449-MEFA (6332).
The Massachusetts Educational Financing Authority (MEFA) was created in 1982 by the state legislature at the request of Massachusetts colleges and universities to make higher education more accessible and affordable for students and families. The extensive community education programs and online resources offered by MEFA provide families guidance on saving, planning and paying for college. Throughout its over 30-year history, MEFA has assisted hundreds of thousands of families in financing the dream of a college education. MEFA is a not-for-profit self-financing state authority, not reliant on state or federal appropriation. Visit mefa.org to learn more or follow MEFA on Twitter @mefatweets and on Facebook at mefaMA.