MAFAA :: Minnesota Association of Financial Aid Administrators

Information for Students and Families

Links to Useful Financial Aid Information

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.

» MAFAA School Directory

  • Understanding Financial Aid

    Understanding Financial Aid

    The "Understanding Financial Aid" presentation is an excellent resource for guiding prospective and current students through the processes of financial aid.

    » Download Presentation

  • Student Budget Calculator

    Student Budget Calculator

    MAFAA has developed a budget calculator to assist students with estimating college expenses.

    » Go To Calculator

  • Monthly Payment Chart

    Monthly Payment Chart

    MAFAA has developed a payment chart to compare what possible payments might be for various loan scenarios.

    » View Payment Chart

  • Federal Loan Programs

    Federal Loan Programs

    MAFAA has developed a synopsis of some federal student loan programs for your reference.

    » Explore Federal Loan Options

  • Student Loan Calculator

    Student Loan Payment Calculator

    MAFAA has developed a student loan repayment calculator for you to help you determine your monthly payments after you begin repayment.

    » Go To Payment Calculator

  • What You Should Know About Student Loans

    Student Loans: What You Should Know

    MAFAA has developed a brochure that details what you need to know about borrowing student loans.

    Download Brochure

Useful Financial AId Web Sites


Financial Aid Search through the Web. This offers a searchable database of more than 180,000 private sector scholarships, fellowships, grants and loans.

Department of Education

U.S. Department of Education's home page. It contains publications, news, products, search functions, and many more services available to users.

FAFSA on the Web

Students can apply for student aid online using the interactive FAFSA on the Web application. FAFSA on the WEB will make applying for aid easier, faster, and reduce students’ error rates.

Statement of Purpose

“The Minnesota Association of Financial Aid Administrators (MAFAA) is an association of professionals committed to the principle that no one should be denied access to higher education for financial reasons.”