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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.

FAFSA Day MA Challenge Scholarship Winners for 2019-20
Winners include Academy of the Pacific Rim Charter Public School, Central Catholic High School, and Brockton High School. …
By Jan Combs    |
The SECURE Act Expands Use of 529 Plans
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    |
What is the Effect of Retirement Savings on Financial Aid?
Retirement savings are not reported on the FAFSA, but they are reported on the CSS Profile, meaning they could potentially affect your financial aid award at certain schools. …
By Lauren Patten    |
Financial Aid for Undocumented Students or Parents
We provide tips on how you should file the FAFSA, who you should contact at the colleges you are applying to, which loans you can borrow, and what scholarships to apply for. …
By Meredith Barnhart    |
10 More Financial Aid FAQs
Question topics include work-study, other real estate, legal guardianship, savings bonds, loan interest rates, businesses, parent credit, and transgender students…
By Meredith Barnhart    |
Mistakes include missing a school's deadline, putting parent info in the student section, using a nickname, forgetting to add schools, incorrectly reporting taxable grants and scholarships, leaving college-going siblings out of the household size, using the wrong Social Security number, and not using the IRS Data Retrieval Tool.…
By Meredith Barnhart    |
A $750 college scholarship will be issued to each of the winning high schools for highest overall FAFSA completion percentage rate and most improved FAFSA completion percentage rate.…
By Jennifer Bento-Pinyoun    |
Don't Miss These 10 Financial Aid FAQs
Topics include completing financial aid applications, getting an FSA ID, who requires the CSS Profile, applying for financial aid without a Social Security number, who should complete the financial aid applications, the affect of 529 accounts on financial aid, the financial aid timeline, EFC Calculators, and helpful websites. …
By Meredith Barnhart    |
What You Need to Complete Your Financial Aid Applications
Items needed include an FSA ID, a College Board username and password, a student's driver's license, a list of colleges where the student is applying, Social Security numbers, W-2 form(s), and untaxed income records. …
By Meredith Barnhart    |
Learn who the 2019 winners were for highest percentage of FAFSA completion at a small high school, highest percentage of FAFSA completion at a large high school, and most improved FAFSA completion percentage rate compared to last academic year.…
By Lauren Patten    |
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