Does Michigan have any preferred lenders it would suggest future students contact for aid?
We have a number of good programs that we offer to our students. One of them is named Citi Assist, the Citibank loan program — we’re one of their preferred schools. Another is called the MBA LOANS Tuition Loan Program. And a lot of this information we provide to our students, both on our Web site as well as in our admissions binder. In addition, some of our prime lenders include: The Michigan Alternative Student Loan, the Professional Education Plan (PEP) with the Education Resources Institute, and the Business Access Loan with the Access Group. These lenders all provide competitive rates. And the competition really helps to lower the rates. Because of an interest in each of these programs — many of our students have loans with at least one of them — lenders are coming back to us offering some very competitive packages. We’re in discussions right now with a couple of them, which is really great, because it helps the students out. International students are eligible for scholarships,