<<< STEP 1: WHAT IS FINANCIAL AID?
U Plan: Locking in the Future Today
- Prepay up to 100% of a child's future college tuition at today's rates, even though a child may not attend college for another 20 years
- Keep pace with rising tuition costs through a guaranteed investment
- Invest a lump sum payment or establish a monthly savings account toward a future lump sum purchase
- Hold off on choosing a college until you redeem tuition certificates when the student enrolls
- Use at a participating Massachusetts college or university, or have the U Plan investment returned at maturity, with interest, to be used at any college in the country
- Available to residents and non-residents of Massachusetts
Enrolling in the U Plan is easy! Just visit the Massachusetts Educational Financing Authority (MEFA) website at www.mefa.org or call (800) 449-MEFA ext 6332.
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