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Michigan Education Savings Program. The Michigan Education Savings Program (MESP) is a 529 savings plan that is administered by the Michigan Department of Treasury. Michigan residents who contribute to this plan can deduct up to $5,000 (up to $10,000 for joint filers) from their state income tax each year. MI State Matching Grants based on MESP ...
The Michigan Education Trust is a 529 prepaid tuition program. Participants, including parents, grandparents or other family members, can use the MET to pay for future educational expenses at ...
529 plan. A 529 plan, also called a Qualified Tuition Program, [1] is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, K–12 public, private, and religious school tuition were included as qualified expenses for 529 plans along ...
The Michigan Education Trust had nearly $1.1 billion invested in 33,179 accounts, according to a report issued last September by the College Savings Plan Network, a division of the National ...
The State Board of Education was first provided for in the Constitution of 1850 and currently exists through the provisions of Article VIII, Section 3, of the Constitution of 1963. The state board is composed of eight members [ 2 ] nominated by party conventions and elected at-large for terms of eight years, with two members being elected at ...
Drawings for 100 $15,000 prepaid tuition prizes will begin Sept. 12. Entries are due by Aug. 31.
The Sault Tribe of Chippewa Indians is the largest federally recognized tribe in Michigan, outnumbering the next largest tribe, the Pokagon Band of Potawatomi Indians, by a scale of about 10 to one. It was recognized in 1972 with five units in seven counties. In 1979 the tribal council included the Mackinac Band as members, nearly doubling its ...
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 ...