The Michigan Solution is a strategic alliance between Michigan schools, the Michigan Higher Education Student Loan Authority (MHESLA), and Michigan lenders dedicated to providing premier educational loan services and programs in Michigan.

Not only does MHESLA offer incredible borrower benefits to Michigan students, but it also provides benefits to lenders by purchasing student loans from lenders.

By purchasing those loans, funding is made more readily available to lenders to make new loans to Michigan borrowers.