Skip to main content
We remain dedicated to serving you during these challenging times of COVID-19.
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.

man using laptop
Categories include Saving for College, Planning for College, College Admissions, Financial Aid, Scholarships, Paying for College, and College Life.…
By Meredith Clement    |
84% of parents say they would welcome a contribution towards their child's college education over a traditional gift. However, only 33% of parents have actually mentioned this idea to their family and friends.…
By Lisa Rooney    |
5 Ways to Save on New England College Costs
Options include MassTransfer/Commonwealth Commitment, Tuition Break, University of Maine Flagship Match Scholarship Program, UMass Lowell Accelerated Degrees, and Clark University Accelerated BA/Master's.…
By Julie Shields-Rutyna    |
Ways to Reduce College Costs
Reduce costs by taking Advanced Placement (AP) or International Baccalaureate (IB) courses, utilizing the College-Level Examination Program (CLEP) or Prometric's DSST exams, registering for classes as soon as possible, and thinking carefully before changing your major. …
By Mark Bilotta    |
Three MEFA employees who have helped their own children through the college planning process provide advice on looking at schools, staying organized, keeping calm and staying balanced, applying, and paying. …
By Lauren Patten    |
6 Ways to Make College Less Expensive
Tips include start saving, look for scholarships early, earn college credits in high school, consider community college, attend college online, and apply for financial aid. …
By Meredith Clement    |
Starting Rate Drops to 3.95%*…
By Lisa Rooney    |
What You Need to Know About MEFA Loans
Get the facts including interest rates, no fees, instant application decision, multiple repayment options, set monthly payments, and expert guidance. …
By Meredith Clement    |
Here's How Colleges Calculate Your EFC
We break down the EFC formula, including how to determine your Available Income, Contribution from Assets, and Student Contribution. …
By Meredith Clement    |
A recent survey asked Generation Z how they plan to pay for college, including topics such as considering cost, career plans, family conversations, saving for college, and borrowing wisely. …
By Meredith Clement    |
Share FacebookTwitterLinkedinEmail