August 19, 2009
Massachusetts College Loans Still Available
As the fall semester approaches, the state's college loan program has funding available to help Massachusetts parents and students making last-minute payments. MEFA, a not-for-profit college lender, offers affordable, fixed interest rate loans and fast application processing so families can beat the payment deadline.
The MEFA Undergraduate Loan has a 7.75% fixed interest rate, one of the lowest rates available. The MEFA Loan offers a predictable and stable monthly payment of $99.65 per $10,000 borrowed. And all MEFA borrowers receive the same low interest rate from MEFA, compared to many loans that give the lowest interest rates to only customers with the highest credit scores.
“The availability of low-interest, fixed-rate education loans is one of the benefits of living in or attending college in Massachusetts. MEFA's mission is to assist families with college financing, and we do that by educating parents and students on payment strategies and by offering college loans with extremely competitive rates,” said Thomas Graf, Executive Director of MEFA.
To read more, click here.
Massachusetts College Loans Still Available
As the fall semester approaches, the state's college loan program has funding available to help Massachusetts parents and students making last-minute payments. MEFA, a not-for-profit college lender, offers affordable, fixed interest rate loans and fast application processing so families can beat the payment deadline.
The MEFA Undergraduate Loan has a 7.75% fixed interest rate, one of the lowest rates available. The MEFA Loan offers a predictable and stable monthly payment of $99.65 per $10,000 borrowed. And all MEFA borrowers receive the same low interest rate from MEFA, compared to many loans that give the lowest interest rates to only customers with the highest credit scores.
“The availability of low-interest, fixed-rate education loans is one of the benefits of living in or attending college in Massachusetts. MEFA's mission is to assist families with college financing, and we do that by educating parents and students on payment strategies and by offering college loans with extremely competitive rates,” said Thomas Graf, Executive Director of MEFA.
To read more, click here.
