As we continue to provide our families with timely and important information on the world of college admissions, I asked Myra Ross, College Advisor at Amherst Regional High School, to share the advice she gives to students on how to create a balanced college list.
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Prepaid Tuition Plan
Each Wednesday, MEFA will feature a Word of the Day, in which we’ll highlight a word (or sometimes a phrase) related to the college planning process. This month, we’re focusing on vocabulary related to saving for college.

Today's Word of the Day is Prepaid Tuition Plan.
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It’s the beginning of the school year, and high school seniors will be in the thick of college admissions for the next several months. Though their schoolmates in the junior class won’t yet be writing college essays or completing applications, it’s just as important that these juniors look ahead to the college admissions season and prepare academically now.

jon kJon Korhonen, Associate Director of Admissions at Boston University, knows the significance of junior year academics first hand, having reviewed thousands of high school transcripts in his years of experience working in college admissions. Read Jon’s words below as he shares why it’s so important for high school juniors to do their very best in their classes this year.
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budget
Welcome to college, students! Whether you’re returning as an upperclassman or just getting started as a freshman, it’s never too early or late to start making wise decisions when it comes to your money. Limiting your spending and keeping your debt at bay will create positive and powerful effects, ones that last much longer than your four years on campus. Before you get too entrenched in academics, extracurriculars, and the social scene, take a few moments to read our tips below on saving money while in college. Put them into practice, and you’ll set yourself up for a smart financial future.
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We recently learned in MEFA’s 2014 Grandparents and College Savings Study that 60% of Massachusetts grandparents are saving or plan to save to help pay for their grandchildren’s college costs! Hear from one grandfather on NECN’s most recent Money Saving Mondays segment whose commitment to saving for his grandchildren’s education is unwavering.


Source: NECN

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Who doesn’t love a celebration? Especially one helping your child’s dreams for the future come true? September is College Savings Month, and we’ll be marking the occasion by sharing great information and guidance throughout the month to encourage you to start saving for college now.

We’ll begin today with 10 tips to kick start your college savings. Follow the suggestions below to get the ball rolling. And join us in celebrating!
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MEFAwotd2Each Wednesday, MEFA will feature a Word of the Day, in which we’ll highlight a word (or sometimes a phrase) related to the college planning process. This month, we’re focusing on vocabulary related to Federal Direct Student Loans, and will highlight terminology related to borrowing a Direct Loan.


Today's Word of the Day is Origination Fee.
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senior checklistStudents beginning their high school senior year in the next few days have a lot to juggle: academics, club meetings, sports practice, catching up with friends, and of course, college applications. One of our recent emails highlighted the five things that high school seniors should do now to prepare for college application season. If you didn’t catch that email, we’ve included the list below. Use this checklist to get your bearings and make sure you’re on track for senior year.
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For the past five years, during the month of April, I crisscross Massachusetts attending MEFA’s popular spring program, After the Acceptance, where we help families figure out the next steps in paying for college. While meeting with college-bound families, I am continually surprised at how many have never had a family conversation about how they will meet college costs. In reality, I have witnessed their first conversation right there in the auditorium of the local high school!
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