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Massachusetts Educational Financing Authority Salary

Massachusetts Educational Financing Authority Salary

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As of September 2026, the average annual salary for employees at Massachusetts Educational Financing Authority in the United States is $104,678. This translates to an approximate hourly wage of $50. Salaries at Massachusetts Educational Financing Authority typically range from $91,791 to $118,659 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Massachusetts Educational Financing Authority Pay for Different Roles?

Explore detailed salary information for specific jobs at Massachusetts Educational Financing Authority. Based on our data, the highest paying job is the Chief Information Officer, with an annual salary of $317,155. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Massachusetts Educational Financing Authority’s Pay Competitive? Salary Benchmarking Analysis

How does Massachusetts Educational Financing Authority's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Center Street Lending Corp $101,398
-3.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Veterans Admin Central Federal Credit Union $103,486
-1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
NextGenVest $111,735
+6.7%
Reflects structural premiums typical of NextGenVest's large-cap national operations.
AccuOne Financial Inc $110,638
+5.7%
Data suggests AccuOne Financial Inc's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+16.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Massachusetts Educational Financing Authority's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Massachusetts Educational Financing Authority. Click a company name to learn more.

Employee Reviews: Working at Massachusetts Educational Financing Authority

Considering a career at Massachusetts Educational Financing Authority? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Feedback is solicited and incorporated. Professional development is taken seriously. There’s a healthy mix of structure and flexibility. The organization stays modern with its tools and fosters a respectful, collaborative atmosphere among all departments.
Commented in March 17, 2025
24
3
Introductions to key colleagues are thoughtfully arranged. This firm values innovation. The work is fast-paced but rewarding, with opportunities to shape industry trends. Root cause analysis prevents recurring issues. Interaction with leadership is rare. There's a focus on execution over exploration.
Commented in January 30, 2025
28
1
Despite its large size, teams work seamlessly across different divisions and geographical locations. This cooperative spirit makes challenging projects enjoyable and productive. Resources are always available, and your manager helps you map out career goals. Management encourages feedback and rewards performance fairly.
Commented in January 09, 2024
37
3

Massachusetts Educational Financing Authority Overview

Website
www.mefa.org
Founded In
1982
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
60 State St Boston Massachusetts MA 02109
Revenue
$5 Million - $10 Million
Phone Number
+1 8004496332
Social Media
About Massachusetts Educational Financing Authority
MEFA is a not-for-profit, self-financing public entity established in 1982. MEFA's mission since its founding has been to help students and families access and afford higher education and reach financial goals through education programs, tax-advantaged savings plans, low-cost loans, and expert guidance. All of MEFA's work aligns with the ever-present goal to support the independence, growth, and s

What Benefits Does Massachusetts Educational Financing Authority Offer Beyond Salary?

A competitive compensation package is more than just a salary. Massachusetts Educational Financing Authority offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Massachusetts Educational Financing Authority.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Massachusetts Educational Financing Authority, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Massachusetts Educational Financing Authority salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Massachusetts Educational Financing Authority

1. How much does Massachusetts Educational Financing Authority in the United States pay?

Massachusetts Educational Financing Authority pays its employees an average of $104,678 per year. The average salary at Massachusetts Educational Financing Authority range from $91,791 to $118,659 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Massachusetts Educational Financing Authority employees get a higher salary than its peer company?

The salary at Massachusetts Educational Financing Authority is higher than its peer company. The average annual salary at Massachusetts Educational Financing Authority is $104,678, or an hourly wage of $50, in comparison to Center Street Lending Corp which pays $101,398 per year or $49 per hour.

3. What are the highest paying jobs at Massachusetts Educational Financing Authority?

The higher-paying job at Massachusetts Educational Financing Authority, according to our data, include Chief Information Officer (avg. $317,155 per year), Executive Director (avg. $191,276 per year), and Director, Financial Operations (avg. $189,811 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Massachusetts Educational Financing Authority?

Salary progression with years of experience at Massachusetts Educational Financing Authority is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Massachusetts Educational Financing Authority vary by office location?

Yes, it's very likely that salaries at Massachusetts Educational Financing Authority vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Boston section provides more context.

6. Does Massachusetts Educational Financing Authority offer good benefits?

Massachusetts Educational Financing Authority typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Massachusetts Educational Financing Authority" section on this page.

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