College Savings Accounts and Financial Aid

We answer frequently asked questions including does a student get ignored for financial aid if the family has a college savings account, how does a college savings account affect my eligibility for financial aid, will the financial aid amount change once the school learns of my college savings account, and what happens if my grandparents save for my college?  Read More

How We Save for College: Tips from MEFA Team Members

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.  Read More

The Best Tools to Help You Save for College

Resources include The College Planning Tool, College Savings Estimator, College Savings Tips, Saving for College Webinar, and MEFA U.Fund 529 College Investing Plan  Read More

Exciting New Changes to the U.Plan Prepaid Tuition Program

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. Read More

Talking to My 9th Grader About Saving for College

A mother of three discusses when she started saving for college, expecting her children to contribute toward college costs, talking to her children about helping save for college, and tips to help families save.  Read More

College Savings: How to Set It and Forget It

A new mother shares why she signed up for automatic monthly deposits into her U.Fund account, and teaches you how to do it too by adding your bank account information to your U.Fund, setting up automatic transfers, and determining the amount and transfer date.  Read More

How to Set Up Online 529 Gifting in 4 Easy Steps!

Steps including logging into Fidelity.com, signing up for College Gifting, uploading a greeting, photo, and display name for your child, and sharing the link with friends and family for direct access to the gifting page.  Read More

MEFA News

U.Fund 529 College Investing Plan named ‘best-in-class’

U.Fund 529 College Investing Plan named ‘best-in-class’ Morningstar Analyst Rating upgraded to Silver for 2019; new features improve experience for college savers BOSTON [October 31, 2019] – MEFA is proud…