The Massachusetts Educational Financing Authority (MEFA) is a not-for-profit, self-financing state authority established in 1982. Its mission is to increase access to higher education by providing families with comprehensive information, expert guidance, and affordable financial solutions. MEFA offers a range of products and services including low-cost student loans, the U.Fund 529 College Investing Plan, the U.Plan Prepaid Tuition Program, and free educational seminars and online resources to support families through the entire college planning process.

Founded in

United States