The federal student loan repayment pause will end on August 31, with interest resuming on September 1 and payment due dates resuming in October. Here are 5 tips to make sure you're ready. Learn more https://bit.ly/443gyLD
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It's financial aid season, which means families may need to complete the CSS Profile®. Encourage the families you work with to join us for a Q&A webinar on October 23rd about the CSS Profile with expert financial aid administrator Mike Goodwin, Assistant Director of Student Financial Services at Williams College. Families will be able to ask their specific questions and hear questions from other families. Families can register at bit.ly/4h22UjC
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Thank you for having Jonathan Hughes on the podcast - what a wonderful discussion!
🏞 The post-secondary landscape looked different back in the ‘80s. 🏫 For one, college was much more affordable. Also, that was the beginning of the college-for-all movement, so there was a decreasing emphasis on alternative postsecondary pathways—compared to today where the interest in other options is growing. 💹 So, the Massachusetts Education Financing Authority, which was created by the State Legislature in 1982, has had to adapt over the years to serve the changing needs of students. I sat down with Jonathan Hughes Associate Director of College Planning and Content Creation at MEFA, and learned about a few of the ways they’ve done that: 1️⃣ Launching MEFA Pathways, a free tool powered by FolderWave that allows students to explore careers, identify the right fit for them, and find work-based learning opportunities 2️⃣ Expanding from issuing a single public loan to offering multiple college savings plans for parents 3️⃣ Educating and guiding high school advising departments on post-secondary finance and planning 👇 Guidance counselors and parents of high schoolers, give the episode a listen at the link below, and share what tools you need to better support your students to successfully navigate the changing post-secondary landscape.
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According to the recently conducted College Savings Indicator (CSI) Study, 47% of parents plan to finance the total cost of education with grants or scholarships. But most students will not receive a full scholarship. In fact, of all undergraduate students, only 0.1% received $25,000 or more in scholarships. Learn more about scholarship misconceptions and what families can do instead to prepare for college costs in our recent article.
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School counselors, did you miss our recent live webinar, Supporting Students and Families with Complex Immigration Statuses in Postsecondary Planning? The good news is you can watch the recording anytime! You’ll learn about admissions standards at both public and private universities and how to maximize credits and time for DACA and undocumented students through dual-enrollment and concurrent enrollment opportunities across states, high schools, and community colleges. This webinar is presented by MEFA’s Andrea Keenan and is eligible for PDPs! Watch the recording at bit.ly/3YkgIib
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In our latest podcast episode, Bronwyn Crick, a recent college graduate, discusses how she was able to pay for both undergraduate and graduate school with her 529 college savings account, how her family starting saving, and her advice for other families. Listen to the episode at lnk.to/529success
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School counselors, make sure to register for our upcoming webinar, Confronting Bias in Youth Career Advising! This 90-minute webinar will describe how unconscious bias can affect the advisor/student relationship and ways it can impact advising practices, including those related to postsecondary exploration. Presenters will also describe how bias can affect the career identity formation of students and their decision-making for postsecondary plans, and share information about bias in the labor market, as well as strategies and tools to minimize bias in yourself, your work, and your students. This webinar will be presented by Norma Rey Alicea and Orquidia Montero of NextGen Talent. This webinar is also eligible for PDPs! Can’t make the live event? You can still register to have the recording emailed to you once the event ends. Register at bit.ly/4dvY7Un
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Are you helping students complete the FAFSA this year? The first thing students and their parents will need to do is obtain an FSA ID at least a few days before they start the FAFSA. We break down the steps and provide some tips in our recent article.
Helping Students Create an FSA ID
MEFA on LinkedIn
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Look for MEFA's new UFund Gift of College Cards, available at CVS stores across Massachusetts. These cards provide friends and family members a tangible way to contribute toward a child's college savings account to commemorate a birthday, graduation, holiday, or any other special event. Learn more about these cards at bit.ly/3NaUubT
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School counselors, make sure to notify any Spanish-speaking families you work with about MEFA’s upcoming Financial Aid 101 webinar! This webinar, presented in Spanish, will provide information and clarity on the entire college financial aid application process. Families will learn about financial aid applications and types of financial aid, the factors that determine aid eligibility, how colleges determine the amount of aid to offer, and the details of financial aid offers. Families can register at bit.ly/47TRDxv
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With the FAFSA's delayed launch to December 1st this year, families will want to be ready as soon as the application opens! And that means taking the time now to create their FAFSA username and password, called the FSA ID. Both the student and parent(s) will need one. Encourage the families you work with to join this virtual workshop where they will be paired with an expert who will provide one-on-one assistance creating the FSA ID. Families can register at bit.ly/4eAyqmL
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