Applying for Financial Aid with International Parents

If parents are U.S. citizens living abroad, they can still create an FSA ID, but will need to convert income and assets into U.S. dollars. If parents are not U.S. citizens, they will not be able to create an FSA ID and will need to print out the signature page and mail it to the address indicated.  Read More

Applying for Financial Aid When Parents Are Divorced

Learn how to file the FAFSA (where only the custodial parent will provide information), how to file the CSS Profile (where both custodial and noncustodial parents usually provide information), and what to do if the noncustodial parent is not available.  Read More

Your Financial Aid Basics

Topics include financial aid applications, application deadlines, where to find information, merit-based aid, financial aid types, verification, and what happens after students apply Read More

Reporting Income on Financial Aid Applications

We speak with a Director of Student Financial Services to learn what income gets reported, what happens if income changes due to a job loss, how to report income if you’re self-employed, and what happens if you withdraw funds from a retirement account.  Read More

Defining Assets on Financial Aid Applications

Learn what assets you don’t have to report on the FAFSA (primary home, retirement savings, life insurance, a small family business) as well as what assets you do have to report (savings and checking accounts, investments, other property owned), as well as details on what to report on the CSS Profile.  Read More

Applying for Financial Aid Checklist

Research each school’s financial aid requirements and deadlines, submit the FAFSA and other required applications, such as the CSS Profile or institutional form, and complete Verification if selected Read More

Applying for Financial Aid When Parents are Divorced

We receive a lot of questions about applying for financial aid when parents are divorced or separated.  The process is a bit more complicated (isn’t everything?) but you just have… Read More

MEFA News

MEFA Loan Rate Decreases Amid Rising Interest Rates

Contact: Lisa Rooney (617) 224-4838 lrooney@mefa.org BOSTON – The starting interest rate on the state’s college loan will decrease for the upcoming academic year in contrast to the increase in…