Detroit 9/17: We are a little over a week away from this year’s Fostering Futures Scholarship dinner and there is still time for you to join us for this wonderful event on the riverfront!

Join us outside, under the tent, at the Roostertail in the marina district on the Detroit River. The venue offers free onsite parking, food stations, and seating for all! Enjoy the spectacular view, delicious food and raffles.

Speaking of raffles, we will be offering a variety of raffle items for you, including a fun mystery raffle. Will you choose what’s behind door one, two or three?

Investments in our children’s futures are also investments in Michigan that help all of us succeed.” — Governor Whitmer

The Michigan Education Trust (MET) today announced a new campaign to help families prepare for their children’s higher education future and highlight the unique advantages of saving with MET.

The campaign will run in September during College Savings Month.

Administered by the Michigan Department of Treasury, MET is the state’s prepaid education savings program that lets users pay today’s prices for future education costs. Signed into law in 1986, it was the first prepaid education savings program in the nation.


“Education and awareness are the best tools we have to fight against bad actors looking to take advantage of those experiencing hardship.” — AG Nessel

LANSING — Michigan Attorney General Dana Nessel is reminding Michigan residents to watch for scammers following recent storm damage in parts of Michigan.

Severe weather swept through Southwest Michigan overnight, bringing down trees and leaving thousands without power in the area. Unfortunately, anytime cleanup efforts are underway scammers look to take advantage of the situation.

In response, Nessel is reissuing two important consumer alerts.

The first is her Advice for Homeowners Consumer Alert. Whatever the…

Help make the dreams of a college education a reality for youth who have experienced the foster care system…

JOIN US for the ninth annual Pizza Party on the Capitol Lawn, August 5 from 11 a.m. to 1:30 p.m.. Your $5 donation buys you lunch and supports the Fostering Futures Scholarship Trust Fund.

Scholarships are awarded annually to former foster youth enrolled in Michigan colleges and universities. Thanks to your participation, the pizza party events have raised nearly $35,000.

Register now

To help estimate the amount of pizza needed, please pre-register to attend the event. …

This pandemic has made it clear that small businesses have always been the heart and soul of our communities.” — Lt. Governor Gilchrist

LANSING, Mich. — This week, Governor Gretchen Whitmer sent letters of gratitude to more than 200 small businesses across Michigan who stepped up in exceptional ways during the COVID-19 pandemic. These small businesses selflessly pivoted their business models and put their communities first, which strongly contributed to Michigan’s efforts to keep Michiganders safe and healthy amidst these historic challenges.

“I am completely in awe of the resilience and determination of Michigan’s small businesses to stand strong and…

No Remaining Schools or Communities Under Active State Oversight

LANSING, Mich. — July 19, Gov. Gretchen Whitmer released the Muskegon Heights School District from receivership under the Local Financial Stability and Choice Act and dissolved its Receivership Transition Advisory Board (RTAB).

The governor’s actions follow a recommendation to terminate receivership from the Muskegon Heights School District RTAB. Effective immediately, the school district will regain local control without state oversight, marking the end of any school district or community under active state oversight.

“Today is a new day for the Muskegon Heights School District and the state of Michigan,” Governor Whitmer

Financially Empowered Students Better Understand How to Manage and Leverage Financial Aid

As Michiganders prepare for the upcoming fall semester and start paying their college tuition bills, the Michigan Department of Treasury’s MI Student Aid Team is asking students and their families to be alert and informed when considering student loans.

“More and more, students and families have to cover a considerable amount of their higher education costs,” said Robin Lott, director of the Office of Postsecondary Financial Planning. “When student borrowers become financially empowered, they can better understand how to manage and leverage the financial aid they receive.” …

Eligible Individuals Encouraged to Not Wait, Apply Today

LANSING, Mich. — Young adults who have experienced foster care on or after their 13th birthday now have a little more time to apply for a scholarship from the Fostering Futures Scholarship Trust Fund, according to the Michigan Department of Treasury.

The Fostering Futures Scholarship application period for academic year 2021–22 will stay open until Aug. 1. Eligible students enrolled at a Michigan degree-granting college or university may now apply to receive scholarship funds for tuition, fees, room, board, books and supplies.

>>>Fostering Futures Scholarship 2020–21 FACT SHEET

“As Michigan emerges out…

Attend Our Virtual College Savings Events and Put a Plan in Place…

We can’t believe summer is halfway over! Before you know it, school will be starting again and that’s why now is a great time to get a jumpstart on your college savings goals.

The Michigan Education Trust (MET) is a 529 educational savings plan established in 1988 in an effort to help residents lock-in tuition at the current price. In 2000, the State expanded its options for residents by adding the Michigan Education Savings Program (MESP). MESP is a direct-sold 529 college savings plan and is managed by TIAA, Tuition Financing Incorporated.

What the webinars will cover:

* The benefits…

State Continues Economic Jumpstart and Puts Michigan Back to Work

S&P Global Ratings improve Michigan’s credit rating outlook from “negative” to “stable”.

LANSING, Mich., July 2 — Governor Whitmer announced that the state of Michigan’s improving economy and multi-billion-dollar revenue surplus coming out of the COVID-19 pandemic have prompted S&P Global Ratings to improve the state’s credit rating outlook from “negative” to “stable.” The State of Michigan recently announced new revenue projections taking the state from a nearly $3 billion deficit to a $3.5 billion surplus. …

Michigan Department of Treasury

The Department of Treasury is committed to maintaining Michigan’s financial integrity. Contact: 517-335-7508

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