Creating an FSA ID
MEFA's Associate Director of College Planning Jonathan Hughes explains how to create your FSA ID, who needs to create an FSA ID, and what your FSA ID will be used for even after college.
Who Needs an FSA ID?
If you’re filing the FAFSA, you’ll need to have an FSA ID. All students will need to create an FSA ID, and for most traditional undergraduate students, at least one parent, possibly two, will need to create an FSA ID. Learn how to determine which parents should create an FSA ID in our short video. If you’re filing the FAFSA, you’ll need to have an FSA ID. All students will need to create an FSA ID, and for most traditional undergraduate students, at least one parent, possibly two, will need to create an FSA ID. Learn how to determine which parents should create an FSA ID in our short video.
Understanding Financial Aid Offers & Paying the College Bill
This webinar provides valuable guidance for high school seniors who have received their college acceptance letters and financial aid offers and are trying to make the college decision. Topics include an overview of different types of financial aid, an explanation of how to calculate the balance due at each college, and methods for paying the college bill.
Financial Planning with ABLE Accounts
With an Attainable Savings Plan, individuals with disabilities and their families can save for qualified disability expenses while keeping benefits such as Supplemental Security Income and Medicaid. In this webinar Cynthia Haddad, Certified Financial Planner at Affinia Financial Group, discusses the key features of ABLE accounts and shares real-life examples of how clients utilize these accounts to benefit themselves or family members.
Can I Get a Loan Without My Parents?
Students often wonder if they can get a college loan without their parents on the loan application. MEFA's Associate Director of College Planning Jonathan Hughes explains how by filing the FAFSA, students are eligible for Federal Direct Student Loans without any co-borrowers. Private loan approval is dependent on income and credit score, so students often need the assistance of a co-borrower for these loans.
Financial Aid 101
This webinar provide information and clarity on the entire college financial aid application process. Learn about financial aid applications and types of financial aid, the factors that determine your aid eligibility, how colleges determine the amount of aid to offer, and the details of financial aid offers.
SAVE Repayment Plan
There’s a new income-driven repayment option, SAVE, available for federal student loans. The SAVE plan increases the amount of protected discretionary income, forgives any interest that accrues each month that is not covered by the calculated monthly payment amount, and, starting in July 2024, will decrease the percentage of the discretionary income in the calculation. Learn more about the SAVE plan in our blog post.