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College Financing

College Financing

The earlier you start saving for college, the more you're likely to have in your account when it's time to pay the college bill. There are a variety of options to choose from for college financing.

College Financing
College Financing

The earlier you start saving for college, the more you're likely to have in your account when it's time to pay the college bill. There are a variety of options to choose from for college financing.

Ways to Pay for College

College Savings
To help you make the most of your savings, MEFA offers 2 tax-advantaged college financing products.
MA Programs
In Massachusetts, there are several opportunities to earn a college degree at a reduced rate.
Financial Aid
Financial aid might be available through grants & scholarships, work-study funds, and federal loans.
Payment Plans
Most colleges and universities use a monthly payment plan to help families pay for college.
Private Student Loans
MEFA offers low-cost student loans with fixed interest rates and several repayment options.
Refinancing Loans
You may be able to lower your monthly payment and interest rate with a MEFA Student Refinancing Loan.

Make informed decisions about college expenses


Make informed decisions about college expenses

We're here to help you make a realistic and affordable plan on how to pay for college and to assist your family to make informed and responsible college financing decisions. In every aspect of our work we adhere to these guiding principles. You will probably need to tap into a combination of resources to pay for college expenses, including savings, current income, financial aid, and – potentially – a private education loan. Before you begin, make sure you understand the details of your financial aid awards and the college billing process.

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