Michigan Alternative Student Loan Program (MI-LOAN)
*NOTE: MI-LOAN lending ceased in February of 2008. NO NEW LOANS ARE AVAILABLE.
MI-LOAN borrowers in current (repayment) status may make a single payment by phone, by mail or online at Firstmark. Enroll in AutoDebit/KwikPay* to make automatic recurring payments and, upon approval, receive a 0.25% interest rate reduction.
*KwikPay/interest rate reduction is only available to borrowers that are current and in repayment status.
- Repayment Terms
- Forbearance (Deferment is NOT available)
- Interest Rates
- Loan Information (from your servicer Firstmark)
- Avoiding Student Loan Scams
MFA-Student Loan Programs has been assisting citizens of Michigan with higher education services since 1975. While no longer issuing new loans, MFA-SLP continues to provide repayment assistance to existing borrowers of the Federal Family Education Loan (FFELP) and the Michigan Alternative Student Loan (MI-LOAN) Programs, including: loan servicing oversight, delinquency prevention, default resolution, and loan rehabilitation.
For assistance call 888-643-7521 or e-mail SLP@michigan.gov
All borrower options and benefits are subject to change.