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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.

Scholarships with January Deadlines
Scholarships include the International Documentary Photography Scholarship, Foot Locker Scholar Athletes, Providian Medical Scholarship, Army Women's Foundation Legacy Scholarship, John Lennon Scholarship, and I Have a Dream Scholarship. …
By Lauren Patten    |
Scholarships for Current College Students
Scholarships include the Look Twice, Save A Life Scholarship, Black Entrepreneurship Grant, Love Your Career Scholarship, National Healthcare Heroes Grant for Nurses, BigSun Scholarship, and AEL Collegiate Essay Contest. …
By Lauren Patten    |
Scholarships with December Deadlines
Scholarships include Generation Google Scholarship, Stephen J. Brady Stop Hunger Scholarship, AvaCare Medical Scholarship, Getting Real About Distracted Driving Scholarship, AfterCollege Science Student Scholarship, Brain Reference Scholarship, and Transgender First Scholarship. …
By Lauren Patten    |
Scholarships with November Deadlines
Scholarships include The Andrew Flusche Scholarship Contest, Future Designer Scholarship, Ivey Engineering Inc. Scholarship, Prudential Spirit of Community Awards, Create Real Impact Contest, Education Matters Scholarship, and Global Therapy 2020 Academic Excellence Award. …
By Lauren Patten    |
FAQs on Borrowing Student Loans During Uncertain Times
Topics include the amount to borrow, the timing of applying, reducing loan amounts, and increasing loan amounts …
By Stephanie Wells    |
Private Student Loans vs. Federal Student Loans: What's the Difference?
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    |
Answering Your Questions About Student Loans
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    |
How to Apply for Private Student Loans
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    |
5 Key Terms to Know About Student Loans
Terms include Interest Rate, Annual Percentage Rate (APR), Repayment Term, Application and Solicitation Disclosure, and Co-Borrower. …
By Jonathan Sparling    |
Finding Scholarships with Fastweb
Learn what Fastweb is, how it got started, what sets it apart from other online scholarship platforms, how students can apply for scholarships, and examples of past success stories. …
By Lauren Patten    |
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