Michigan College Grants and Loans
Michigan GrantsMichigan Educational Opportunity Grant This is a grant of up to $1000 for needy undergrads at a public university or community college in Michigan. You must be enrolled at least half time. The FAFSA is the required application and you will be notified of the award through your school's financial aid letter.
Michigan Tuition Grant This is a state of Michigan program based on financial need. The Tuition Grant is meant to provide needy students the ability to attend independent, degree-granting, nonprofit Michigan postsecondary institutions. The maximum award is $2000 per academic year. Students working towards a degree in theology, divinity, or religious education are not eligible for this grant. A FAFSA must be filed and priority is given to those submitting before July 15.
Adult Part-Time Grant This Michigan Grant is for financially needy, independent undergraduates who have been out of high school for at least two years. Eligible students must enrolled part time at a participating degree-granting Michigan college or university. The maximum grant is $600 per year for up to two years of study. The FAFSA is the required application and you will be notified of the award through your school's financial aid letter.
Michigan LoansMI-Loan Program
The Michigan Alternative Student Loan (MI-LOAN) Program is offered to students attending Michigan degree-granting colleges and universities. There are two parts to the MI-LOAN Program: the Creditworthy Loan Program and the Credit Ready Loan Program. Either the student or their parents can apply. Currently the interest rate on these loans is 5.95%.
More information on these programs can be found at the Michigan Student Aid website.