The U.S. Department of Education (ED) announced another waiver that will bring borrowers closer to forgiveness under income-driven repayment (IDR) plans and that in many ways extend the benefits of the Public Service Loan Forgiveness waiver. These adjustments to borrower accounts include conducting a one-time revision of IDR payment counters to address past inaccuracies (including automatically discharging loans for eligible borrowers) and permanently fixing IDR payment counting by reforming ED’s IDR tracking procedures going forward. These adjustments also allow Parent PLUS borrowers and other federal loan borrowers to obtain credit for normally ineligible periods for the purposes of Public Service Loan Forgiveness! Join us for a discussion on this important topic with student loan expert Betsy Mayotte, President of TISLA.

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.

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.

Learn how to utilize interest-free monthly payment plans to help pay the college bill over a set amount of time.

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.

Este seminario web, presentado por Carmen Pineda de MassEdCo, ofrece un asesoramiento valioso a estudiantes de último año de high school y sus familias que han recibido cartas de aceptación de universidades y ofertas de asistencia financiera, y están decidiendo a cuál ir y tratando de hacer un plan de pago. Los temas incluyen los diferentes tipos de ayuda financiera, cómo calcular el saldo adeudado en cada universidad, y métodos para pagar la matrícula, incluyendo planes de pago y préstamos.

Learn how to use MEFA's College Cost Calculator when you receive financial aid offers to compare the aid you receive and determine your estimated college costs and balance due at each prospective college.