(By authority conferred on the Michigan higher education student loan authority by sections 4, 4a, and 12 of 1975 PA 222, MCL 390.1154, 390.1154a, and 390.1162; and ERO 1995-2 (MCL 12.181)).Student Financial Services Board
All loans initiated by the authority shall be eligible for applicable federal interest benefits as prescribed by the higher education act of 1965, 20 U.S.C. § 1070 et seq.