Our Organization
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Our Organization
- Our Organization
The Michigan Education Trust (MET) was created on December 23, 1986 when then Governor James Blanchard signed into law Public Act 316 of 1986. The preamble of the law includes language declaring "it is an essential function of state government to encourage attendance at state institutions of higher education" and that "students in elementary and secondary schools tend to achieve a higher standard of performance when the payment of tuition for their higher education is secured" (Public Act 316 of 1986, Sec. 2).
The MET Charitable Tuition Program is a way for organizations to purchase from one to four years of college for a deserving individual in their community at a price that's discounted especially for this program.
Act 525 Of 2008 Fostering Futures Scholarship Trust Fund Section 722.1023 creates the Fostering Futures Scholarship Trust Fund, the mission of which is to provide scholarships to former foster youth enrolled at Michigan colleges and universities.
Board of Directors Panel
Board of Directors
- Board of Directors
MS. RACHAEL EUBANKS, CHAIRPERSON , Ex Officio
State TreasurerMR. ROBERT A. BOWMAN, PRESIDENT , Pleasure of Governor
President & CEO, MLB Advanced Media, L.P.DR. VIRINDER MOUDGIL, VICE PRESIDENT , Pleasure of Governor
President, Lawrence Technological UniversityMR. RONALD WISER , Nominated by Speaker of the House
Chairman, The Wiser GroupDR. PHILOMENA V. MANTELLA, Representing Four-Year Public Colleges & Universities
President, Grand Valley State University - Board of Directors
DR. DALE K. NESBARY , Representing Community Colleges
President, Muskegon Community CollegeMR. MICHAEL FLYNN, Nominated by Senate Majority Leader
Treasurer of Shelby TownshipMS. Madalene Day , Representing Members with Knowledge, Skill and Experience in the Academic Business or Financial Field
Senior Youth Fellow in Older Youth Services, Case Commons & Consultant, Maddy Day, LLCMRS. MARLIN WILLIAMS, Representing General Public
Chief Program Officer, TechTown Detroit & Assistant Vice President of Economic Development, Wayne State University - View Meeting Schedule and Minutes
Meetings Link
- Meeting Schedule and Minutes Link
Statistics Panel
MET Statistics
Contracts Purchased Total as of September 30, 2020:
113,233
View Details
Assets and Contracts Total Assets as of September 30, 2020 (at market value):
$1.04 billion
View Details
Students Attending Michigan Public Colleges and Universities Total Attending All Public Colleges:
7,465
View Details
Annual Report Panel
Annual Reports
- 2019-20 Annual Report for Plan D
- 2019-20 Annual Report for Plans B and C
- 2018-19 Annual Report for Plan D
- 2018-19 Annual Report for Plans B and C
- 2017-18 Annual Report for Plan D
- 2017-18 Annual Report for Plans B and C
- 2016-17 Annual Report for Plan D
- 2016-17 Annual Report for Plans B and C
- 2015-16 Annual Report for Plan D
- 2015-16 Annual Report for Plans B and C
Past reports available upon request. Please call 1-800-638-4543
Actuary Panel
Actuary's Reports
- Plan D Actuary's Report September 30, 2020
- Plans B and C Actuary's Report September 30, 2020
- Plan D Actuary's Report September 30, 2019
- Plans B and C Actuary's Report September 30, 2019
- Plan D Actuary's Report September 30, 2018
- Plans B and C Actuary's Report September 30, 2018
- Plan D Actuary's Report September 30, 2017
- Plans B and C Actuary's Report September 30, 2017
- Plans B and C Actuary's Report September 30, 2016
- Plan D Actuary's Report September 30, 2016
Past reports available upon request. Please call 1-800-638-4543
News Panel
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- News Image
News
- News
Read MET press releases, articles about MET posted in various newspapers and magazines, or browse articles for tips on saving for college.
