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.
Topics include the amount to borrow, the timing of applying, reducing loan amounts, and increasing loan amounts …
By
Stephanie Wells
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When deciding which to prioritize, use tools to determine the cost of delaying saving for college and the interest you will save by prepaying your loan. …
By
Jonathan Hughes
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Learn about virtual campus tours, virtual information sessions, video chat admission interviews, and other virtual offerings at places including Bennington College, Northeastern University, Salem State University, University of Massachusetts Amherst, and Syracuse University. …
By
Mary Rubenis
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Tips include setting up your space, scheduling study time, planning meals, connecting with others, and engaging with professors. …
By
Meredith Clement
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Federal loans can be subsidized or unsubsidized, have an interest rate of 2.74% for the 2020-21 academic year, and tend to be more lenient with repayment. Private loans are offered by various lenders, typically have interest rates tied to credit scores, and usually are stricter with repayment.…
By
Shaun Connolly
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The schools in the Brockton District have utilized MEFA Pathway, been inaugural schools for Common Application integration, and won the FAFSA Day Challenge. …
By
Jennifer Bento-Pinyoun
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Questions include how do I get the Federal Direct Student Loan, how do lenders decide on the interest rate they offer each borrower, how do we pay a loan's origination fee, and how long does it usually take for a student loan application to process.…
By
Meredith Clement
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Options include community college, trade schools, technology programs, and gap years. …
By
Mary Rubenis
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Learn what you need to know when comparing private loan options and the steps for applying once you have decided on a lender, including visiting the lender's website, completing the application, selecting your loan, and signing the Loan Agreement with your co-borrower. …
By
Shaun Connolly
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A student who just finished her freshman year gives social, logistical, roommate, and mindset advice. …
By
Alison Rutyna
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