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.  Read More

5 Things to Know About Public Service Loan Forgiveness Program

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. Read More

Preparing for Life After College: Student Loan Repayment

Tips include talking to your loan servicer, talking to friends, creating a budget, setting a goal, and making a plan.  Read More

Repaying Your Federal Student Loans: 5 Facts You Should Know

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.  Read More

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.  Read More

Is your child entering federal student loan repayment?

If your child graduated in May and borrowed federal student loans to pay for school, he or she is likely entering repayment sometime soon. It’s important for recent graduates to… Read More

White House brings new policy for federal student loan collection

You may have recently heard about the Trump administration’s reversal of some Obama-era consumer protections on student loans. Worried about what this might mean for you? Let us give you… Read More

MEFA News

MEFA Education Loan Offers Interest Rates Among Nation’s Lowest

MEFA Education Loan Offers Interest Rates Among Nation’s Lowest Starting Rate Drops to 3.95%* MEFA’s low-cost college loan for the 2019-2020 academic year delivers interest rates among the lowest offered…

Community Events

Dreams Tour at Riverfest in Gloucester

August 24, 2019

12:00pm—6:00pm

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