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.

Topics include financial aid applications, application deadlines, where to find information, merit-based aid, financial aid types, verification, and what happens after students apply…
By Ajea Stupart    |
Reporting Income on Financial Aid Applications
We speak with a Director of Student Financial Services to learn what income gets reported, what happens if income changes due to a job loss, how to report income if you're self-employed, and what happens if you withdraw funds from a retirement account. …
By Susan Beard    |
Defining Assets on Financial Aid Applications
Learn what assets you don't have to report on the FAFSA (primary home, retirement savings, life insurance, a small family business) as well as what assets you do have to report (savings and checking accounts, investments, other property owned), as well as details on what to report on the CSS Profile. …
By Jonathan Hughes    |
Applying for Financial Aid Checklist
Research each school's financial aid requirements and deadlines, submit the FAFSA and other required applications, such as the CSS Profile or institutional form, and complete Verification if selected…
By Amy Staffier    |
Counselors can learn about the FAFSA Completion Tool, what it shows you, how to use and access it, and how this tool can help you take school-wide action when it comes to getting students to complete the FAFSA. …
By Meredith Clement    |
The Big Deal About the FSA ID
Learn the steps for getting an FSA ID and some tips for making the process easy. …
By Meredith Clement    |
7 Commonly Asked Financial Aid Questions (With Answers)
Learn if applying for financial aid will affect your admissions decision, if you should fill out the FAFSA if you don't think you'll get any aid, if you report Social Security benefits on the financial aid applications, and more. …
By Meredith Clement    |
By Meredith Clement    |
How Well Do You Know The FAFSA<sup>®</sup>?
Learn where to fill out the FAFSA, what financial aid includes, and when the FAFSA opens. …
By Meredith Clement    |
Using the IRS Data Retrieval Tool
This tool keeps your information safe by not displaying tax return figures on screen, not allowing users to edit tax data, and asking follow-up questions. …
By Meredith Clement    |