SFA - MHESLA

Michigan Student Financial Aid: Paying for College

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MHESLA has been providing access to higher education for the citizens of Michigan since 1975. As Michigan's leader in higher education finance, MHESLA provides families with the critical information and resources they need to achieve their educational goals. Focusing on reducing or eliminating financial barriers to postsecondary education, our services and programs provide a true testimonial to MHESLA's commitment to the citizens of Michigan.

Borrower Benefits Notification
Effective June 30, 2010, student loans from the MHESLA will no longer become eligible for an interest rate subsidy (known as a "borrower benefit") from MHESLA.

MI-LOAN Program Announces New Rehabilitation Option PDF icon

MHESLA is pleased to announce the implementation of our MI-LOAN Program Rehabilitation Option, effective immediately. To qualify for the Option, MI-LOAN borrowers who have outstanding defaulted loans are required to make nine on-time payments within a ten month period.

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