MEFA — the Massachusetts Educational Financing Authority — is committed to making college more accessible and affordable. We are a not-for-profit self-financing state authority, not reliant on state or federal appropriation, that serves students and families in Massachusetts, and out-of-state students pursuing higher education in Massachusetts.

After nearly thirty years, MEFA is still doing exactly what it was created to do – helping to make higher education more accessible and affordable for Massachusetts students and families. MEFA was created at the request of Massachusetts colleges and universities to help families plan, save and pay for college.
MEFA offers community education programs, college savings plans and low-cost financing options. To date, we’ve issued approximately $4.2 billion and bonds and have assisted hundreds of thousands of families in financing a college education.

MEFA resources can help make paying for college possible. We provide two college savings programs, affordable financing options including fixed interest rate loans, and extensive community outreach on saving and paying for college.
| We offer free comprehensive college planning and college financing seminars for parents and students at over 300 Massachusetts high schools and community organizations. |

| With the U.Plan, families can lock in tomorrow’s tuition at today’s rates at 80 public and private colleges and universities in Massachusetts. |

| Our 529 College Investing Plan lets families invest for qualified higher education expenses through professionally managed mutual funds, in partnership with Fidelity Investments. |

| Our low-cost loans assist families of undergraduate and graduate students from all states attending college in Massachusetts, as well as Massachusetts residents attending college in-state or out-of-state. |

MEFA helps families plan and pay for college along every step of the way. Our programs and services are designed especially for Massachusetts residents and students. Anyone can save in the U.Plan or the U.Fund, whether or not you live in Massachusetts. MEFA Loans are available to Massachusetts residents attending college in-state or out-of-state, as well as students from across the U.S. pursuing higher education in Massachusetts.