8 steps to take before getting a student loan

The Massachusetts Educational Financing Authority, or MEFA, a not-for-profit college financing resource, suggests that college students and their parents take their time and research their options before deciding on a plan for paying for college.

Here are 8 steps MEFA suggests student-loan seekers take before signing a loan agreement.

(istockphoto)
The Massachusetts Educational Financing Authority, or MEFA, a not-for-profit college financing resource, suggests that college students and their parents take their time and research their options before deciding on a plan for paying for college. Here are 8 steps MEFA suggests student-loan seekers take before signing a loan agreement.

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College loan Q&A
Chat transcript

College loan Q&A

Wondering how you're going to pay your college bills this year?
Tom Graf of MEFA was here to take your questions and offer solutions.