Massachusetts Educational Financing Authority
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Keep up to date with the latest news about planning and financing a college education, from experts here at MEFA and across the industry.

Paying for College

Who Knew I Was Rich? Calculating Your EFC

Meredith Barnhart

We break down the EFC formula, including how to determine your Available Income, Contribution from Assets, and Student Contribution.  Read More

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Paying for College

Introducing Our New Expected Family Contribution (EFC) Calculator

Meredith Barnhart

Calculate your EFC by entering your state of residence, the number of people in your household, the number of children you anticipate to be in college, information about the finances of the student’s parents, and financial information for the student. Read More

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MEFA News

MEFA Education Loan Offers Interest Rates Among Nation’s Lowest

by Lisa Rooney · July 15, 2019

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…

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Start U.Reading with Buzz Lightyear

July 18, 2019

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