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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.

Students sitting in cafe
Scholarships include the Boren Scholarship, the Benjamin A. Gilman Scholarship, the Diversity Abroad Achievement Scholarship, the CEA Scholarship, and the Good Colleges Study Abroad Award. …
By Lauren Patten    |
Study group in library
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    |
man using laptop
Topics include the amount to borrow, the timing of applying, reducing loan amounts, and increasing loan amounts …
By Stephanie Wells    |
Computer with charts
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    |
man using laptop
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    |
Family reviewing papers
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    |
People using laptop
Terms include Interest Rate, Annual Percentage Rate (APR), Repayment Term, Application and Solicitation Disclosure, and Co-Borrower. …
By Jonathan Sparling    |
Student studying in library
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    |
Bold.org homepage
Learn what bold.org is, what sets it apart from other online scholarship platforms, how it got started, how students can apply for scholarships, and how students have been successful in the past. …
By Lauren Patten    |
Woman using laptop
Read what we learned about creating a financial plan, financial aid options, financial planning, financial aid timelines, and staying on top of payments throughout college. …
By Ajea Stupart    |
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