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.
The U.Fund offers flexibility, can be used for qualified education expenses, and is invested in the market. The U.Plan offers peace of mind, can be used for tuition and mandatory fees, and is invested in bonds. …
By
Jonathan Hughes
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Learn what a tuition decease means for your lock-in, if it makes sense to invest if tuition has decreased, and how much your U.Plan earnings are worth if utilizing them when tuition has deceased. …
By
Lisa Rooney
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With the U.Plan, you can save all year long, there's a minimum, it's a safe investment, it's for undergraduate study, you don't have to decide on a school now, there are age restrictions, and there are tax incentives. …
By
Lisa Rooney
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We explain why it is still important to save for college if you have the ability to do so, how the market has reacted in the past to similar situations, and other ways to save for college that are not subject to market fluctuation. …
By
Jonathan Hughes
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Tips include using a college savings account, starting small, involving your children in the process, taking advantage of gifting, setting up automatic deposits, and diversifying your investments. …
By
MEFA
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The U.Plan Prepaid Tuition Program has gotten even better in 2019 with new enhancements such as year-round savings capabilities and online account access.…
By
Lisa Rooney
|
All U.Plan savers now have the opportunity to manage their account online, where you can add to your savings, set up automatic deposits, request a disbursement, view your U.Plan Statement, open a new account for another Beneficiary, and change your address, phone number, email address, etc.…
By
Lauren Patten
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The annual window of opportunity to save in the Commonwealth's prepaid tuition program has been extended to mid-July.…
By
Lisa Rooney
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We interview the Director of College Planning at MEFA to learn the benefits of opening both a U.Plan and U.Fund, including why she chose to open both accounts, why someone might lean towards one account over another, and what advice she would give to families now. …
By
Lauren Patten
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Use the Maturity Year Selection Guide to find the years your child will attend college, and then designate at least $300 of savings to each year…
By
Meredith Clement
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