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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.
The MEFA Institute<sup>™</sup>: MEFA Loans - What’s New for 2022-23
Join MEFA’s College Relations team to learn more about the MEFA Loan program and processing news for the upcoming school year. Learn the details of MEFA Loans, such as new interest rates, enrollment criteria, and credit criteria for approval. Karen Cooper from ELM Resources is on hand to share updates and processing tips in ELM One. We also review processing FAQ’s for MEFA portal users.
Comparing College Loan Options: July 7, 2022
There's a lot to consider when borrowing a loan to pay for college. This webinar help you differentiate among college loan options and better understand the true cost of borrowing.
Comparing College Loan Options: June 1, 2022
There's a lot to consider when borrowing a loan to pay for college. This webinar help you differentiate among college loan options and better understand the true cost of borrowing.
Hear from 4 College Admissions Experts on How to Get a Jump Start on College Admissions
This webinar for families of rising high school seniors help you map out your summer when it comes to the college admissions process. Hear from four college admissions experts, Andrew Carter of the College of the Holy Cross, Kate Guertin of Dickinson College, Caitlin Provost of Texas Christian University, and Ed Seero of UMass Lowell, who will share guidance on how you can spend your time this summer, research and visit colleges, and start the college essay. They also break down college admissions myths and share many pearls of wisdom. This webinar is not to be missed!
Set Up Automatic Deposits for Your MEFA U.Plan Account
In this video tutorial, you'll be walked through the steps of setting up automatic deposits for the MEFA U.Plan Prepaid Tuition Program. If you're already saving in the MEFA U.Plan, setting up automatic deposits means you don’t have to worry about remembering to make a contribution.
Get Ahead of College Planning with MEFA Pathway
Learn how students can take advantage of MEFA Pathway, MEFA’s free college and career planning portal, during summer months to boost post-secondary planning.
The MEFA Institute<sup>™</sup>: Get Ahead of College Planning with MEFA Pathway
In this webinar for school counselors and college access professionals, learn how students can take advantage of MEFA Pathway, MEFA’s free college and career planning portal, during summer months to boost post-secondary planning.
Monthly Payment Plans
Learn how to utilize interest-free monthly payment plans to help pay the college bill over a set amount of time.