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.

Student using laptop to learn about Entrance Counseling
Learn about entrance counseling, a comprehensive tutorial focused on the important details of student loan borrowing and repayment.…
By Meredith Clement    |
Family reviewing interest rate
Learn what a student loan interest rate is, when it is set each year, and how it may impact you. …
By Meredith Clement    |
Student using laptop to learn about origination fees
Learn about the Origination Fee, the cost associated with borrowing a Federal Direct Student Loan and some private loans.…
By Lisa Rooney    |
Students using computer together
Your loan servicer can provide guidance and assistance. Learn how to find out who your loan servicer is if you have a Federal Direct Student Loan. …
By Meredith Clement    |
Student completing Self-Certification Form
Learn about this form that must be completed by an individual seeking to borrow a private education loan.…
By Meredith Clement    |
MEFA's College Loans: 3 Details That Set Us Apart From The Rest
Details include providing clear information up front, offering the lowest rates possible, helping families minimize debt, and being The Authority you can trust. …
By Stephanie Wells    |
Student using laptop to learn about solicitation disclosures
Learn how a solicitation disclosure can provide facts on the interest rate, fees, repayment options, and eligibility criteria. …
By Meredith Clement    |
Student using laptop to learn about tiered pricing
Learn how your credit score can effect your loan rate when using tiered pricing. …
By Meredith Clement    |
What's the Difference Between Fixed and Variable Interest Rates?
A monthly payment on a loan with a fixed interest rate will remain the same, while a monthly payment on a loan with a variable interest rate will fluctuate throughout the loan's lifetime. …
By Meredith Clement    |
Looking Past the Interest Rate
Other factors to consider are if the rate is fixed or variable, if the rate is tied to your credit score, if there is an origination fee, and what the repayment options are. …
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