Minnesota Association of Financial Aid Administrators
The MAFAA website is maintained primarily as a resource for the Minnesota financial aid community. We understand, however, that students and parents occasionally reach our website looking for answers regarding financial aid. We have created this page as a resource for basic financial aid information.
We strongly encourage you to contact the financial aid professionals at the school you are interested in attending. These financial aid professionals will assist you in attaining your educational goals.
Understanding Financial Aid
The "Understanding Financial Aid" presentation is an excellent resource for guiding prospective and current students through the processes of financial aid.
Student Loan Repayment Estimator
The Department of Education provides an excellent estimator to help students understand what repayment might be for various borrowing scenarios.
Student Budget Calculator
FinAid.org has developed a budget calculator to assist students with estimating college expenses.
Learn More about Federal Aid
The Department of Education works hard to provide information in an easy-to-understand format. To learn more about financial aid, MAFAA recommends studentaid.gov.