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Promise Funding Eliminated in FY 2010 Budget Pursuant to PA 132 of 2009, funding was not provided for the Michigan Promise Scholarship for the current Fiscal Year 2009-10. | MHESLA to Originate FFELP Loans for Academic Year 2009-10 MHESLA will begin originating Federal Family Education Loan Program (FFELP) loans August 3, 2009. All Stafford, PLUS and GRAD PLUS loans funded by MHESLA for Academic Year 2009-10 will be eligible for a 0.25% interest rate reduction for ACH payments. MHESLA's lender code is 825585 and it should be noted that this lender code uses Great Lakes loan servicing and guarantee.
| New Web Site for Veterans The American Council on Education has launched a new Web site, Today's GI Bill, to help veterans learn about the new education benefits available to them, the college selection process, and how to succeed in higher education. |
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