Michigan Education Trust Board of Directors

The Michigan Education Trust (MET) was established pursuant to Public Act 316 of 1986 as Michigan’s prepaid tuition program.  MET is a “qualified tuition program” under Section 529 of the Internal Revenue Code which provides tax exemption for the trust and tax exemption of earnings for contract participants who use MET funds to pay for qualified higher education expenses.  The MET Board of Directors are responsible for policy development, investment initiatives, program development and implementation.   The Governor, on advice and consent of the Senate, appoints MET Board members, who represent expertise in business, academics or finance.  The State Treasurer serves as Chairperson.  The MET Board of Directors also serve as an advisory board for the Michigan Education Savings Program (MESP)
.

Click here to access the MET Board homepage and meeting information

Statute

Act 316 of 1986

Contact Information

Ms. Robin R. Lott
MET Executive Director
P.O. Box 30198
Lansing, MI 48909
Phone: (517) 241-4884

Fax: (517) 373-6967

Email: lottr@michigan.gov 

 

Members

Mr. Robert A. Bowman
Represents persons with knowledge, skills, and experience in the academic, business, or financial fields
Serves at the Pleasure of the Governor

Virinder Moudgil, Rochester Hills
Represents Private Colleges
Serves at the Pleasure of the Governor

Eliya (Louie) Boji, Orchard Lake
Term expires 12/31/16

Cheryl Bartholic, East Lansing 
Represents persons with knowledge, skills, and experience in the academic, business, or financial fields
Term expires 12/31/17

Dr. Glenn Mroz, Houghton
Represents president of state institutions of higher education
Term expires 12/31/18

Robert Ferrentino, Greenville
Represents presidents of community colleges
Term expires 12/31/18

Ronald Wiser, South Haven
Represents persons with knowledge, skills, and experience in the academic, business, or financial fields
Nominee of the Speaker of the House of Representatives Term expires 12/31/17

Michael Flynn
Represents persons with knowledge, skills, and experience in the academic, business, or financial fields Nominee of the Senate Majority Leader
Term expires 12/31/17

Ex Officio Member

Nick Khouri - Chairperson  
State Treasurer