What You Need to Know About MEFA Loans

Get the facts including interest rates, no fees, instant application decision, multiple repayment options, set monthly payments, and expert guidance.  Read More

Borrowing Wisely Means Having a Plan

Before borrowing, take into consideration what you expect to make in your first job, what your loan payment will look like when you graduate, and what you estimate your other future expenses to be.  Read More

Credit Scores: The Most Important Part of College Financing That Nobody is Talking About

Tips for a healthy credit score include pulling your free annual credit report, identifying the credit score you have and the credit score you need, knowing how your credit score is calculated, and raising your score if necessary.  Read More

You’ve been approved for a MEFA Loan. Now what?

Next steps include signing the MEFA Loan Agreement (MLA) and Self-Certification Form, having the college certify the loan, setting up an account with our servicer American Education Services (AES), returning excess funds, and making voluntary payments if you wish to do so.  Read More

A New Tool Helping Families Finance a College Education

MEFA is excited to be a part of ForYouNotForProfit.org, which includes information on financial aid and scholarships, guidance on establishing a college savings account, and a streamlined search engine to help students and parents find education loans through non-profit and state-chartered organizations. Read More

What are these loans on my financial aid award letter?

You may see Subsidized or Unsubsidized Federal Direct Loans, a MA No Interest Loan, or a PLUS Loan. Read More

4 commonly asked questions about spring semester college loans

Within a college’s spring semester, questions on education loans often arise from parent and student borrowers. Many inquiries stem from students transferring schools and wondering how the change will affect… Read More

MEFA News

Tools to Help You Make Your College List

Tools include College Navigator, College Scorecard, and Net Price Calculators.

College Financing

College Financing Seminar

October 15, 2019

6:00pm—8:00pm

See All Events