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Michigan Alternative Student Loan (MI-LOAN) Program

Michigan Alternative Student Loan (MI-LOAN) Program

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MFA-STUDENT LOAN PROGRAMS

MFA-Student Loan Programs has been assisting citizens of Michigan with higher education services since 1975. While no longer issuing new loans, MFA-SLP continues to provide repayment assistance to existing borrowers of the Federal Family Education Loan (FFELP) and the Michigan Alternative Student Loan (MI-LOAN) Programs, including: loan servicing oversight, delinquency prevention, default resolution, and loan rehabilitation.

Payments

Make a One-Time Payment

MI-LOAN borrowers in any status may make a single payment by phone, by mail, or online at Firstmark.

Recurring Payments For Repayment Status Borrowers

MI-LOAN borrowers that are current and in repayment status may enroll in AutoDebit/KwikPay to make automatic recurring payments and, upon approval, receive a 0.25% interest rate reduction.

Recurring Payments for Default Status Borrowers

MI-LOAN borrowers in defaulted status may enroll in automatic recurring payments at the payplace. Note: There may be a convenience fee added for this payment option.  

Mail a Payment

Firstmark Services
c/o Private Loans
PO Box 2977
Omaha, NE 68103-2977

Make checks payable to "MI-Loan"  and indicate the account number on the payment.

MI-LOAN PROGRAM INFORMATION

FIRSTMARK LOAN SERVICER INFORMATION

FORBEARANCE


FORGIVENESS AND DISCHARGE


INTEREST RATES

REHABILITATION


REPAYMENT TERMS

Contact Us

CONTACT STUDENT LOAN PROGRAMS

PO Box 30051
Lansing, MI 48909
Email: slp@michigan.gov
Phone: (888) 643-7521
Fax: (517) 335-6699