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90 Seconds with MEFA: Early Action vs Early Decision
MEFA's Associate Director of College Planning Jonathan Hughes explains the similarities and differences between Early Action and Early Decision and provides some tips to help guide you through the early admission process.
Origination Fees
If you're considering borrowing a loan to pay for college, make sure to look at any additional fees you may be charged. One common fee is the origination fee, a one-time fee charged to the borrower for the cost of processing the loan.
Repayment Term
If you're considering borrowing a loan to pay for college, make sure you understand your repayment term, the length of time that you have to repay a loan. Repayment terms vary, and most repayment terms cannot be extended.
90 Seconds with MEFA: Scholarships
Scholarships are types of "gift aid" or free money, which means they do not have to be repaid. MEFA's Associate Director of College Planning Jonathan Hughes explains where to find both local and national scholarships and helpful tips to use in your search.
Monthly Payment Plans
Learn how to utilize interest-free monthly payment plans to help pay the college bill over a set amount of time.
Student Loan Interest Rates
Learn everything you need to know about interest rates, including the difference between a fixed rate and a variable rate, and how your credit score can affect your loan options.
90 Seconds with MEFA: Appealing Financial Aid Offers
Are you interested in appealing your financial aid offer? MEFA's Associate Director of College Planning Jonathan Hughes provides five tips to help families as they navigate the appeals process and try to secure more financial aid than was originally offered.
90 Seconds with MEFA: Subsidized and Unsubsidized Loans
If you’ve seen the terms subsidized and unsubsidized on your financial aid offers from colleges, you may be wondering what the difference is between these types of student loans. MEFA's Associate Director of College Planning Jonathan Hughes explains what these loans have in common, as well as how they differ when it comes to accruing interest.
90 Seconds with MEFA: Cost of Attendance
Wondering what exactly cost of attendance means? MEFA's Associate Director of College Planning Jonathan Hughes explains everything you need to know about the cost of attendance at a college and all the expenses that cost of attendance includes, both direct and indirect.
90 Seconds with MEFA: Transferring Colleges
Transferring colleges can affect your student loans. MEFA's Associate Director of College Planning Jonathan Hughes explains why it's important to contact your student loan lender and notify them that you are transferring colleges and how to make sure your loans do not enter repayment when you transfer schools.