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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.

MEFA is excited to be a part of ForYouNotForProfit.org, which includes information on financial aid and scholarships, guidance on establishing a college savings account, and a streamlined search engine to help students and parents find education loans through non-profit and state-chartered organizations.…
By Lauren Patten    |
How Much Will This MEFA Loan Cost Me?
Learn how to use the Student Loan Payment Calculator to find out your projected monthly payment and total loan cost based on the amount you plan to borrow, the interest rates for all five repayment options, and the length of repayment.…
By Meredith Clement    |
The College Search: Researching Financial Fit
Our checklist includes checking the College Scorecard to learn about affordability and value, using a school's Net Price Calculator to determine the financial aid you could receive, and reading through admissions and financial aid websites to learn about merit scholarship and different financing opportunities. …
By Amy Staffier    |
What to Know About the John & Abigail Adams Scholarship
Learn what scores a student must receive on their MCAS in order to qualify, what the scholarship covers, how to apply the award, how to maintain the scholarship, and how much the scholarship is worth at each Massachusetts school. …
By Lauren Patten    |
The interest rates offered by MEFA are among the lowest rates offered by an education loan lender.…
By Lisa Rooney    |
How Does a Recent Grad Handle Student Loan Repayment?
A UMass Amherst graduate breaks down his plan - including tackling private loans first, consolidating federal loans, switching to an income-based repayment plan, and factoring loans into an overall monthly budget. …
By Sean Hauter    |
What You Need to Know About Borrowing a MEFA Loan
Find out how the application process works, who the borrower is, how the total cost differs, what the grace period is, and how borrowers can get help with financial hardships. …
By Stephanie Wells    |
The Simple Steps to Applying for a MEFA Loan
We walk you through the steps of applying for a MEFA Loan, including adding a co-borrower, retrieving an application, selecting repayment terms, and e-signing. …
By Meg Villavicencio    |
Computer Science Majors Draw Top Salaries
As the demand for workers with computer science expertise continues to grow, Jenny Caccavale from the College Board shares her thoughts on how students can prepare for STEM-related college courses, such as taking Advanced Placement Computer Science Principles.…
By Jenny Caccavale    |
How to Make a Financially Balanced College List
Learn the difference between financial need-based and merit aid and how to optimize your chances at receiving them, and consider schools with a low sticker price.…
By Julie Shields-Rutyna    |
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