FINANCIAL AID LOAN UPDATES
Published: 4/17/2008
Chase (lender) – spring loans disbursed for 07-08 and new loans for 08-09 will have a benefit of 0 (zero) fees on all Stafford Loans. Chase, Michigan Student First benefit is no longer available.
MHESLA (Michigan Higher Education Student Loan Authority) – Effective 04/21/08 MHESLA is temporarily suspending its participation in the Federal Family Education Loan Program (FFELP). For more information on MHESLA changes please view link (http://www.michigan.gov/documents/mistudentaid/StudentsandParentsQA_231565_7.pdf).
Schoolcraft College Financial Aid Office will continue to process student loans. Refer to Financial Aid Office's webpage for any further loan or lender benefit updates.
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