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  2. Michigan Higher Education Assistance Authority - Wikipedia

    en.wikipedia.org/wiki/Michigan_Higher_Education...

    The Michigan Higher Education Assistance Authority (MHEAA) was created by the State of Michigan in 1960 through Public Act 77. One of the major components of MHEAA is the Michigan Guaranty Agency (MGA), the federally designated guarantor of federal student loans in Michigan. In that capacity, MHEAA-MGA primarily backs Michigan students by ...

  3. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded through grants, loans, work-study, and scholarships. To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid .

  4. Michigan Guaranty Agency - Wikipedia

    en.wikipedia.org/wiki/Michigan_Guaranty_Agency

    The Michigan Guaranty Agency (MGA) is a component of the Michigan Higher Education Assistance Authority (MHEAA) and was established by Michigan Public Act 77 of 1960. MGA operates guarantees for three loan programs which are intended to guarantee subsidized and unsubsidized Federal Stafford loans, Federal PLUS loans, and Federal Consolidation loans made by banks, credit unions, savings and ...

  5. Student loan forgiveness: Official application is live - AOL

    www.aol.com/finance/student-loan-forgiveness...

    Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to receive $20,000 in student loan debt forgiveness.

  6. Student Loans in Michigan: Debt Stats, Repayment ... - AOL

    www.aol.com/michigan-grants-scholarships-student...

    Michigan borrowers carry an average federal and private student loan debt balance of $33,487, which is 9% less than the U.S. average of $36,689. In September, the state announced the Futures for ...

  7. Early student loan forgiveness under SAVE plan to cover ... - AOL

    www.aol.com/early-student-loan-forgiveness-under...

    In Michigan, $47 million in federal student loans will be forgiven in a first round of forgiveness under the SAVE plan, according to the U.S. Department of Education's data.

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