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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.

Student Filing the FAFSA
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 Clement    |
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 Clement    |
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 Clement    |
Father and daughter using laptop in living room
We discuss work study, the John and Abigail Adams Scholarship, how scholarships affect financial aid, subsidized vs unsubsidized loans, Federal Direct Loan limits and interest rates, MA state aid, and how to use your college savings funds. …
By Meredith Clement    |
Still Have a College Bill Balance?
Your student may need to: complete federal loan requirements, ensure private scholarships and payment plans have credited the account, submit documentation to the financial aid office, or follow up with your private loan lender.…
By Meredith Clement    |
student using tablet to learn about subsidized and unsubsidized loans
The differences between Subsidized and Unsubsidized Loans include the timing of when interest starts accruing, the eligibility for awarding based on financial need, and the maximum amount permitted.…
By Meredith Clement    |
Why You Should Visit These Federal Financial Aid Websites
Websites include StudentAid.gov, fafsa.gov, FSAID.ed.gov, and MyEDDebt.ed.gov.…
By Meredith Clement    |
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