Public School Academy State Aid Note (PSA SAN)
Public School Academy State Aid Note (PSA SAN)
Please contact the MFA directly at treasmfa-psa-stateaidnote@michigan.gov for a copy of the 2026 Public School Academy State Aid Note Program (PSA SAN) materials. The deadline to apply to participate in the 2026 PSA SAN is July 8, 2026.
What is the PSA SAN?
The Michigan Finance Authority (MFA) offers a streamlined loan program to finance short-term operational cash flow needs for public school academies. 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 for the schools.
Contact MFA
Richard H. Austin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922
Phone: 517-335-0994
Fax: 517-241-9509