General Laws of Massachusetts

College Savings: The Perfect Gift is a Click Away, MEFA Advises

Retrieved on: 
Friday, December 15, 2023

The holiday-giving season presents parents with the perfect opportunity to nudge family and friends toward contributing to a child’s college savings account rather than giving a material gift.

Key Points: 
  • The holiday-giving season presents parents with the perfect opportunity to nudge family and friends toward contributing to a child’s college savings account rather than giving a material gift.
  • The suggestion will likely be embraced by gift givers, because a college savings contribution is always the right size, won’t break within minutes of opening, and is a great last-minute gift idea.
  • It also helps parents reach their college savings goals faster, making it a great gift for the entire family.
  • MEFA is a state authority, not reliant on state or federal appropriations, established under Massachusetts General Laws, Chapter 15C.

MEFA Providing Free Guidance for College-Bound Students Facing Financial Decisions

Retrieved on: 
Thursday, March 16, 2023

Decisions that families make now in their plan to pay for college can have long-lasting financial implications.

Key Points: 
  • Decisions that families make now in their plan to pay for college can have long-lasting financial implications.
  • Massachusetts families with college-bound students can benefit from MEFA’s free, expert guidance to help them understand financial aid offers and make a financially wise college decision.
  • Over the next few months, MEFA is providing a suite of resources to guide families in paying the upcoming college bill.
  • MEFA also recommends students and parents consult with their high school counselors, many of whom are trained by the MEFA Institute, MEFA’s professional development resource.

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of DraftKings Inc. Non-Fungible Token Investors

Retrieved on: 
Friday, March 10, 2023

CHICAGO, March 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Massachusetts, No.

Key Points: 
  • CHICAGO, March 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Massachusetts, No.
  • 10524, on behalf of those who acquired non-fungible tokens (“NFTs”) from DraftKings Inc. (“DraftKings” or the “Company”) during the period from August 11, 2021 through the present (the “Class Period”).
  • Investors have until May 8, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.

Don't Overlook This Gift Idea

Retrieved on: 
Wednesday, December 14, 2022

MEFA has some tips to help give the gift of a college education this holiday season:

Key Points: 
  • MEFA has some tips to help give the gift of a college education this holiday season:
    Be creative.
  • A contribution to a college savings account may not make the biggest splash with a child, especially a young one.
  • Consider pairing your gift with a small toy or a t-shirt from your alma mater.
  • Though most families would welcome any contribution to a college savings account, check with the parents of each child receiving the gift, just in case.

MEFA Celebrates College Savings Month

Retrieved on: 
Tuesday, September 13, 2022

Unused gift cards, a weekend yard sale, and daycare tuition savings can help grow the college nest egg.

Key Points: 
  • Unused gift cards, a weekend yard sale, and daycare tuition savings can help grow the college nest egg.
  • Taking small steps can add up over time, advises the college savings experts at MEFA.
  • September is College Savings Month, a great time for MEFA to host a seminar on how to make a plan to save for college and remind families of clever and unconventional ways to find extra funds.
  • For more ideas on college savings, visit the blog and saving for college pages on mefa.org .

MEFA Consumer Alert: Scammers Preying on Student Loan Forgiveness

Retrieved on: 
Friday, September 9, 2022

Boston, Sept. 09, 2022 (GLOBE NEWSWIRE) -- In the wake of the federal student loan forgiveness plan, a wave of student loan debt relief scams are targeting student loan borrowers.

Key Points: 
  • Boston, Sept. 09, 2022 (GLOBE NEWSWIRE) -- In the wake of the federal student loan forgiveness plan, a wave of student loan debt relief scams are targeting student loan borrowers.
  • MEFA advises the public to be skeptical of information disseminated from sources other than the U.S. Department of Education and their individual student loan companies.
  • Contact your student loan servicer and ask if they provide the services being offered by the debt relief company.
  • For additional information on the Student Debt Relief Plan and avoiding student loan debt relief scams, visit the following:
    Federal Student Aids website https://studentaid.gov/debt-relief-announcement/ and FAQ page https://studentaid.gov/debt-relief-announcement/one-time-cancellation , which provide the most up-to-date information related to the Student Debt Relief Plan.

#ABLEtoSave Month Raises Awareness of Savings Program for Individuals with Disabilities

Retrieved on: 
Wednesday, August 24, 2022

MEFA sponsors Attainable, the Massachusetts ABLE savings program, which offers savings and investment accounts that grow tax free for individuals with disabilities.

Key Points: 
  • MEFA sponsors Attainable, the Massachusetts ABLE savings program, which offers savings and investment accounts that grow tax free for individuals with disabilities.
  • Like other individuals with disabilities, Priscila was living under a $2,000 asset cap in order to qualify for disability benefits.
  • Achieving a Better Life Experience (ABLE) Act lifted the cap to $100,000, allowing individuals and families to save much more.
  • ABLE to Save Month helps us boost awareness and understanding of the benefits of Attainable, which can be an important piece of the financial picture for individuals living with disabilities.

When It Comes to Student Loans, Compare Options & Use MEFA’s Expert Resources

Retrieved on: 
Wednesday, July 13, 2022

Before taking out any loan, MEFA advises the first stop for students and families should be MEFAs Comparing College Loan Options web page.

Key Points: 
  • Before taking out any loan, MEFA advises the first stop for students and families should be MEFAs Comparing College Loan Options web page.
  • In the current loan season, MEFA is stressing to students and families to comparison shop for loans.
  • Once families have exhausted the above options, if there is still a gap to fill, MEFA recommends that families compare private student loan options using these tips:
    Understand Variable Vs.
  • All of MEFAs work aligns with the ever-present goal to support the independence, growth, and success of Massachusetts students and families.

Volaris announces resolutions of general ordinary annual shareholders meeting

Retrieved on: 
Wednesday, April 27, 2022

MEXICO CITY, April 27, 2022 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), announces the resolutions of the general ordinary annual shareholders meeting held on April 26, 2022.

Key Points: 
  • MEXICO CITY, April 27, 2022 /PRNewswire/ -- Volaris* (NYSE: VLRS and BMV: VOLAR), announces the resolutions of the general ordinary annual shareholders meeting held on April 26, 2022.
  • The general ordinary annual shareholders meeting of the Company authorized all the items of the agenda with the majority of the votes.
  • A courtesy English translation of the shareholders' meeting resolutions summary are attached as an exhibit.
  • de C.V. (the "Company")
    Summary of the Resolutions Adopted by the Annual General Ordinary Shareholders' Meeting held on April 26, 2022.

Five Smart Tips on How to Pay for College

Retrieved on: 
Wednesday, March 9, 2022

Here are five smart tips to help students and parents make their college decision and determine a plan to pay the upcoming college bill.

Key Points: 
  • Here are five smart tips to help students and parents make their college decision and determine a plan to pay the upcoming college bill.
  • MEFAs College Cost Calculator can help families make sense of the financial aid provided and determine the net price of each college .
  • To help make the college decision, find out how much graduates from each college earn in wages after graduation, based on major.
  • Because borrowers pay back the amount of the loan plus interest, loans increase the overall cost of college and can take years to pay off.