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MEFA – the Massachusetts Educational Financing Authority – helps families plan, save, and pay for college and reach financial goals through community education programs, college savings plans, and competitive college financing options. NMLS# 1724150 nmlsconsumeraccess.org We are a self-financing state authority and were created in 1982 by the state legislature at the request of Massachusetts colleges and universities. Our experienced and dedicated team members work closely with families, community organizations, high schools, and colleges to help students and families achieve their higher education and financial goals. View our social media policy at mefa.org/mefa-social-media-policy/.

MEFA Questions

The MEFA annual revenue was $7.1 million in 2026.

Penelope Hauck is the CMO of MEFA.

64 people are employed at MEFA.

MEFA is based in Boston, Massachusetts.

The NAICS codes for MEFA are [5222, 522, 52].

The SIC codes for MEFA are [61, 614].

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