If you’re considering a MEFA Loan to pay the college bill, it’s important that you understand what it will cost you when it’s time for repayment. MEFA's Student Loan Payment Calculator will help you estimate your potential monthly payment on a MEFA Loan, as well as the estimated interest rate, APR, and total cost of the loan for each repayment option. Use the calculator.

New rules for Public Service Loan Forgiveness (PSLF) are now in effect. If you’re employed by a government or not-for-profit organization, you might be eligible for PSLF, which forgives the remaining balance on your Federal Direct Loans after a ten-year period of repayment. In this webinar, presented by Betsy Mayotte, the President of The Institute of Student Loan Advisors (TISLA), you'll learn all about PSLF, including what types of employment and loans qualify, the process of applying, and the details of a PSLF benefit with an upcoming deadline that may result in some borrowers receiving additional forgiveness credits.

It's important to stay on track with repayment of your student loans. This webinar provides guidance for creating a budget, information on maintaining good credit, a smart plan for student loan repayment, and helpful websites.

Learn the difference between these two types of interest rates. Fixed interest rate loans always have the same interest rate until they are paid off, while variable interest rate loans have interest rates that go or down depending on the market.

The federal student loan payment pause is coming to an end. Interest will resume on all loans on September 1, 2023 and loan payments will be due starting in October 2023. This webinar reviews the repayment options available to federal loan borrowers re-entering repayment. We discuss income-based repayment options and Public Service Loan Forgiveness (PSLF) in addition to standard repayment options and best practices to make sure your federal loans remain in good standing after the payment pause.