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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.

woman using laptop
Learn about student loan deferment, if it could impact your credit score, what to consider when deferring, and how to request deferment. …
By Lisa Rooney    |
Man on train using his phone
Prepayments will now count as a qualifying payment, lump sum payments will now count for as many qualifying payments as they cover, and borrowers must now complete only one form to apply for loan forgiveness. …
By Shaun Connolly    |
College campus
Assistance to students includes help if a student withdraws from college due to COVID, suspension of payments and interest on Federal Direct Student Loans and FFELP Loans, and suspension of wage garnishment. …
By Meredith Clement    |
Man using laptop in cafe
Learn about common tactics scammers use, how to identify a scam, how to report a scam, and what to do if you've responded to a scammer. …
By Lisa Rooney    |
Woman using laptop in cafe
Tips include finding scholarships, renting textbooks, participating in MassTransfer, taking advantage of employer loan repayment, and making your minimum loan payment. …
By Mary Rubenis    |
Parents and young son using laptop together
When deciding which to prioritize, use tools to determine the cost of delaying saving for college and the interest you will save by prepaying your loan. …
By Jonathan Hughes    |
man using laptop
Tips include researching the benefits, understanding your loans, deciding on a fixed or variable interest rate, comparing lenders, and preparing your documents. …
By Lauren Patten    |
Tips include knowing your student loan servicer, knowing how you will pay, creating a budget, saving, and considering future goals. …
By Ajea Stupart    |
How I'm Paying off My Student Loans, FAST!
Strategies include make a plan, think about the payoff order, prioritize, spend less, and make more. …
By Lauren Patten    |
What to Know About Student Loan Debt Relief Scams
We interview the Assistant General Counsel at the Missouri Higher Education Loan Authority about how debt relief scams work, what the end goal of the scammers is, and how borrowers can protect themselves from scams. …
By Jonathan Sparling    |
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