The Massachusetts Education Financing Authority was created in 1982 by the Massachusetts State Legislature to assist students, parents, colleges and universities in meeting the challenge of college affordability. As a non-profit organization, MEFA takes its public service mission very seriously. Its services were developed to meet an expressed need for credible, safe and dependable resources for obtaining information about paying for college.

MEFA is a non-profit, self-financing state authority, not reliant on state or federal appropriation, that works to make higher education more accessible and affordable for students and families in Massachusetts. MEFA offers community education programs, college savings plans and low-cost financing options. In its nearly 30-year history, they have issued more than $2.3 billion in bonds and have assisted hundreds of thousands of families in financing a college education.

MEFA Counselor offers free educational seminars on applying for and financing higher education to parents and students across Massachusetts.

MEFA Loans assist families of undergraduate and graduate students from all states attending college in Massachusetts, as well as Massachusetts Residents attending college outside of Massachusetts.

MEFA UPlan allows families to lock in tomorrow’s tuition at today’s rates at 80 public and private colleges and universities in Massachusetts.

MEFA UFund is MEFA’s College Investing Plan that allows families to invest for qualified higher education expenses through professionally managed mutual funds, in partnership with Fidelity Investments.

MEFA’s Emails for Parents provide step-by-step guidance as you plan for your child’s college education. They are customized based on your child’s expected year of graduation, offering ongoing college admissions and financing information in the years prior to college enrollment. There also are short, easy-to-understand guides for families to navigate through the financial aid process, which provide information on specific financing topics, such as (a) scholarship scams, (b) financial aid application requirements, (c) meeting financial aid deadlines, (d) understanding award letters, (e) comparing award letters, (f) appeal process and (g) forwarding deposit. Parents can register forEmails for Parents at a MEFA seminar or online at

Spanish-speaking families can also email MEFA in Spanish with questions by visiting the Spanish section of

Massachusetts Educational Financing Authority (MEFA)
160 Federal Street
Fourth Floor
Boston, MA 02110