The Director of Financial Aid at Brandeis University discusses her journey to Boston College from a community college, adjustments she faced after transferring, the benefits of the Commonwealth Commitment, and potential challenges for community college students. …
By
Julie Shields-Rutyna, Catherine Nelson
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Calculate your SAI by entering your state of residence, the number of people in your household, information about the finances of the student's parents, and financial information for the student.…
By
Meredith Clement
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Next steps include signing the MEFA Loan Agreement (MLA) and Self-Certification Form, having the college certify the loan, setting up an account with our servicer American Education Services (AES), returning excess funds, and making voluntary payments if you wish to do so. …
By
Stephanie Wells
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MEFA is excited to be a part of ForYouNotForProfit.org, which includes information on financial aid and scholarships, guidance on establishing a college savings account, and a streamlined search engine to help students and parents find education loans through non-profit and state-chartered organizations.…
By
Lauren Danz
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Your student may need to complete federal loan requirements, ensure private scholarships and payment plans have credited the account, submit documentation to the financial aid office, or follow up with your private loan lender.…
By
Meredith Clement
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Take your standardized tests, write your essay, get your letters of recommendation, complete your applications, apply for financial aid, and select your college.…
By
Marlene Sabeh
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The repayment term on a MEFA Loan will affect the total loan cost and interest rate, and determine when repayment begins. The sooner the repayment begins, the lower the total cost of the loan.…
By
Meredith Clement
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Learn how to use the Student Loan Payment Calculator to find out your projected monthly payment and total loan cost based on the amount you plan to borrow, the interest rates for all five repayment options, and the length of repayment.…
By
Meredith Clement
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Find out how the application process works, who the borrower is, how the total cost differs, what the grace period is, and how borrowers can get help with financial hardships. …
By
Stephanie Wells
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We walk you through the steps of applying for a MEFA Loan, including adding a co-borrower, retrieving an application, selecting repayment terms, and e-signing. …
By
Meg Villavicencio
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