About MEFA

Who is MEFA?

MEFA, the Massachusetts Educational Financing Authority, is a not-for-profit self financing state authority, not reliant on state or federal appropriation. MEFA was created by the state legislature at the request of Massachusetts colleges and universities and provides community educational programs, college savings plans and low-cost financing options. In its 30 year history, MEFA has assisted hundreds of thousands of families in financing a college education.

MEFA's Mission

MEFA aims to make higher education more accessible and affordable for students and families in Massachusetts.

For more information about MEFA, visit www.mefa.orgOpens in a new window.


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    Get details on the state education programs, college savings plans and low-cost financing options.

The U.Fund College Investing Plan is offered by MEFA and managed by Fidelity Investments. If you or the designated beneficiary is not a Massachusetts resident, you may want to consider, before investing, whether your state or the designated beneficiary's home state offers its residents a plan with alternate state tax advantages or other benefits.

Units of the portfolios are municipal securities and may be subject to market volatility and fluctuation.

Please carefully consider each plan's investment objectives, risks, charges, and expenses before investing. For this and othe information on any 529 college savings plan managed by Fidelity, contact Fidelity for a free Fact Kit, or view online. Read it carefully before you invest or send money.

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