According to Julie Shields-Rutyna, director of early college planning at MEFA
, "When the parent and student apply for financial aid the first year, whatever the grandparents have as assets are not included on the financial aid application.
Jennifer Luisa, director of community relations for Hanover Insurance, said the partnership with MEFA
was a natural complement to the employee benefits the company offers.
Fitch used historical vintage loss data provided by MEFA
to form a loss timing curve representative of collateral pool.
Consignment Store, Foster Healey Real Estate, Inspiration Salon, Keystone Properties Real Estate, Leominster Public Library, Leominster public schools, Mount Wachusett Community College, Murphy Insurance Agency, Office of Ron Ansin, Orchard Hills Athletic Club, MEFA
of MA Educational Financing, United Way of North Central Massachusetts and Unitil of Fitchburg.
is committed to helping families plan and save for college, which is why our Board worked closely with Fidelity to bring broader investment choice to investors through the development of multi-firm investment options," said Thomas Graf, executive director of MEFA
, the state's nonprofit resource for families seeking college financing solutions, offers parents low-cost college loans and ways to save for college, including the U.
has issued a certificate dated June 15, 2011 in which they agreed to not reopen the recycling period and MEFA
represents that no funds have been recycled since the period was reopened on March 30, 2011.
Representatives from Fidelity Investments and MEFA
(Massachusetts Educational Financing Authority) will explain the U.
, a state authority, and Fidelity reported the change was made because parents saving for their children's college expenses indicated that having a range of firms to consider was important.
On April 21, 2011, Fitch placed the bonds on Rating Watch Negative following notification that MEFA
had taken certain actions, including reopening the recycling period and extending the origination period.
Fund([R]) College Investing Plan, the Delaware College Investment Plan and the Fidelity Arizona College Savings Plan are offered by the state of New Hampshire, the ScholarShare Investment Board, an agency of the state of California, MEFA
, the state of Delaware, and the Arizona Commission for Postsecondary Education, respectively, and managed by Fidelity Investments.
Fitch is waiting for information to determine if the current ratings of 'A' by Fitch on MEFA
Issue I notes are still appropriate.