Due to the ongoing turmoil in the capital markets MHESLA is forced to suspend its participation in the Federal Family Education Loan Program (FFELP) beginning April 21, 2008. Further information can be found at the links provided below.
- Notice
- Student and Parent Question and Answers
- Governor Granholm Asks for Federal Assistance
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.
Lenders interested in becoming a TMS partner should contact Michigan Higher Education Student Loan Authority (MHESLA) at 1-888-MHESLA1.
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.
Lenders interested in becoming a TMS partner should contact Michigan Higher Education Student Loan Authority (MHESLA) at 1-888-MHESLA1.
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