Michigan Alternative Student Loan Program (MI-LOAN)

Payment Arrangements:

Borrowers in current repayment status:

Contact your servicer Firstmark at 888-538-7378 or visit their site for loan and payment information.  You and any cosigners should be receiving regular monthly billing statements from them.

Borrowers in delinquent status:

Contact your servicer Firstmark at 888-538-7378 or your lender, The MI-LOAN Programs office today at 888-643-7521 to avoid default!  You may be able to make payment to reinstate your loan(s) or may be eligible for Forbearance.

Borrowers in default status:

MI-LOAN Program student loans remain in default until rehabilitated or paid in full.

Contact the MI-LOAN Programs office today at 888-643-7521 to make payment arrangements and/or for information on loan Rehabilitation where you make 9 consecutive monthly payments to have your loan(s) removed form default and put back in repayment status.  

 

For assistance call 888-643-7521 or e-mail SLP@michigan.gov

All borrower options and benefits are subject to change.