Michigan Department of Treasury - Student Financial ...

Michigan Department of TreasuryStudent Financial Services Bureau

The Student Financial Services Bureau (SFSB), located within the Michigan Department of Treasury, encourages students to pursue postsecondary education by providing equality of access to student financial resources and information.

The divisions within the SFSB are:

529 Savings Plans

Student Scholarships and Grants

Student Loan Repayment Programs

For the 2013-14 academic year, the State paid out $98.3 million in state appropriated funds to assist 73,305 Michigan students with post-secondary education expenses.

Fund Distribution by Fund Source Academic Year 2013-14

SSG PROGRAM NAME

Ch ild re n o f Ve te ran s Tu itio n Gran t Dual Enrollm ent GEAR UP Mich igan ! Sch o larsh ip GEAR U P Co lle ge D ay Mich igan Co m p e titive Sch o lars h ip Michigan Merit Award Mich igan Tu itio n Gran t Po lice Office r's an d Fire Figh te r's Su rvivo r Tu itio n Gran t Tu itio n In ce n tive Pro gram

VOLU M E

4 18

AM OU N T

$ 1,0 0 6 ,3 0 3

79 8

$ 6 32 ,8 51

35

$ 12 2 ,9 8 0

245

$ 1,2 59 ,8 8 1

3 1,16 1

$ 18 ,16 4 ,6 0 9

5

$8,0 63

2 2 ,6 4 2

$ 3 1,2 71,9 9 9

12

$90 ,850

17,9 8 9

$45,720 ,8 24

TOTAL

73,30 5

$98 ,278 ,360

Programs

Appropriated Funds

? Children of Veterans Tuition Grant ? Dual Enrollment ? Michigan Competitive Scholarship ? Michigan Tuition Grant ? Police and Fire Fighter's Survivors Tuition Grant ? Tuition Incentive Program Program details and Fact Sheets can be found at ssg under the Forms and Publications section.

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