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.
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
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Tips include knowing your student loan servicer, knowing how you will pay, creating a budget, saving, and considering future goals. …
By
Ajea Stupart
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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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Make 120 eligible payments while working for an eligible employer, it doesn't matter what you do for a living, don't consolidate unless you are required to, submit your proof of employment annually, and don't pay more than you have to.…
By
Betsy Mayotte
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Facts include that payment application is dictated by federal regulation, paying extra results in a "paid ahead" status, paying extra can save you money over time, sometimes accrued interest can capitalize, and sometimes it's okay if your payment amount is less than your accrued interest. …
By
Betsy Mayotte
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