<p>The Massachusetts Educational Financing Authority, a state agency which offered lower-interest rate federal loans, will stop processing these loans as of July 1, 2008.
[Authority</a> will stop offering federal student loans July 1 - The Boston Globe](<a href=“http://www.boston.com/business/articles/2008/04/16/authority_will_stop_offering_federal_student_loans_july_1/]Authority”>http://www.boston.com/business/articles/2008/04/16/authority_will_stop_offering_federal_student_loans_july_1/)</p>