Official State Links
- MEFA U.Plan: This plan allows families to "lock in" today’s rates for attending college in Massachusetts, so that college will be less expensive in the future. Investments are made over a certain period, and the proceeds used to fund college within the state. Should the student decide to attend school elsewhere, the plan will refund the initial investment, plus an amount calculated from the consumer price index. Contributions may be made from anywhere, and are not limited to Massachusetts residents.
- MEFA U.Fund: The 529 Plan for Massachusetts residents, this plan is administered by Fidelity Investments. Proceeds from the plan may be used at any college in the United States. Initial minimum investment is $50, contributions can be as low as $15 per month.There are tax deductions available on Massachusetts tax returns for contributions.
- Massachusetts Higher Education Assistance Corporation: Doing business as American Student Association (ASA), this not-for-profit provides loan origination and administration for the Federal Family Education Loan (FELP) program. This organization was the first of its kind in the U.S.
- Massachusetts Educational Financing Authority (MEFA): This quasi-governmental entity, operating as a not-for-profit agency, provides services to Massachusetts' resident students and families, as well as the students and families of those who live outside the state but who wish to attend a Massachusetts college or university. MEFA mission is to provide increased access to college via affordable financing and experts able to guide students and parents through the ins and outs of funding college expenses.
Higher Education News
- Association of Independent Colleges and Universities in Massachusetts (AICUM): This organization addresses policy issues and serves as a liaison to Massachusetts' education stakeholders.
- PHENOM (Public Higher Education Network of Massachusetts): An advocacy group for better-funded public higher education in Massachusetts.
- Ellucian: Ellucian addresses issues of higher education that deal with technology.
- OnCampus: This organization is sponsored by WGBH, and addresses statewide issues of education.
- MA 7.7%
- U.S. 7.7%
- MA 22.2%
- U.S. 17.9%
- Graduate or professional degree
- MA 16.8%
- U.S. 10.6%