State Aid Note Program (SAN)
State Aid Note Program (SAN)
Please contact the MFA directly at treasmfa-stateaidnote@michigan.gov for a copy of the 2026 State Aid Note Program (SAN) materials. The deadline to apply to participate in the 2026 SAN is July 1, 2026.
What is the SAN?
The SAN is a streamlined loan program to finance short-term operational cash flow needs for traditional public schools. Michigan Finance Authority (MFA) facilitates the process by pooling the loans, soliciting bids and obtaining the highest possible short-term rating, resulting in competitive interest rates and typically lower costs of borrowing.
Contact MFA
Richard H. Austin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922
Phone: 517-335-0994
Fax: 517-241-9509