MI Student Aid - Michigan Guaranty Agency

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Borrower Portal
Access account information or make a payment on your MGA defaulted loan in the Borrower Portal

VISIT BORROWER PORTAL

One-Time Payments
Make a one-time payment online. This method may take up to two business days to be posted to your MGA account.

Make a One-Time Payment
Monthly Payments
You can establish a recurring monthly payment for your MGA defaulted loan.

Make Monthly Payments

Forms
In certain situations, you can have your federal student loan forgiven, canceled, or discharged. Find out whether you qualify due to your job or other circumstances.

Get Forms

Applications for Reduced Repayment

Before completing an application, contact us to verify which reduced payment plan you are eligible. Eligibility criteria will determine which application you must complete.
Request for Hearing or Exemption

Submit this form to request a hearing if you object to wage witholding.

Avoid Loan Scams
In response to the continuing stories of illegitimate companies taking advantage of and preying on federal student loan borrowers, the National Council of Higher Education Resources (NCHER) has created an easy-to-understand infographic which offers simple tips that borrowers can use to identify potential scams and avoid them when repaying their federal student loans. The infographic also includes phone numbers and websites for legitimate student loan assistance and urges borrowers to contact the Federal Trade Commission with information about scams.

View the Infographic

About MGA
The Michigan Guaranty Agency (MGA) administers the Federal Family Education Loan Program (FFELP) which includes the Subsidized Federal Stafford Loan Program, the Unsubsidized Federal Stafford Loan Program, the Federal PLUS Loan Program, and the Federal Consolidation Loan Program. It does so by guaranteeing the purchase of defaulted loans from FFELP lenders across Michigan. During its more than 45-year history with FFELP, MGA has guaranteed over $14 billion in loans. Beginning July 1, 2010, no new loans are guaranteed under FFELP, however, MGA has over $1.7 billion in outstanding loans that must be monitored, claims processed, or default payments collected.

MGA also provides services to postsecondary institutions that include outreach activities aimed at postsecondary students and other training opportunities. Services to borrowers are done through borrower information programs, financial literacy training, and customer assistance with all aspects of repayment.