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.
We explain why it is still important to save for college if you have the ability to do so, how the market has reacted in the past to similar situations, and other ways to save for college that are not subject to market fluctuation. …
By
Jonathan Hughes
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The Act allows 529 distributions to pay back student loans and may give grandparents a new way to take advantage of their savings. …
By
Jonathan Hughes
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84% of parents say they would welcome a contribution towards their child's college education over a traditional gift. However, only 33% of parents have actually mentioned this idea to their family and friends.…
By
Lisa Rooney
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Tips from our partners include creative ideas that can help your child earn money, gardening tips, ideas on how to save during back-to-school season, tips on encouraging college gifting from family and friends, and inexpensive ways to spend time with family. …
By
Meredith Barnhart
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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
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Tips include using a college savings account, starting small, involving your children in the process, taking advantage of gifting, setting up automatic deposits, and diversifying your investments. …
By
MEFA
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Tips include using daycare money, getting your child involved, selling Halloween costumes, encouraging college gifting, planning meals, having a yard sale, and selling gift cards. …
By
Meredith Barnhart
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Roadmap For Their Future features tips including asking "What do you want to be when you grow up?" at different ages, starting a "What I Want To Be" book, creating an achievement board to celebrate areas of success, taking children to college events, and teaching your child about budgeting.…
By
Julie Shields-Rutyna
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With the U.Plan, if you don't attend a participating college or university, you'll still receive your savings back plus interest calculated at CPI with no penalty or taxes due on earnings…
By
Meredith Barnhart
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