They will go to students who were supposed to receive the Michigan Promise Scholarship.
Thursday, November 19, 2009 at 10:11 p.m.
Read more: Local, Education, NMU, Promise Scholarship, Loans, Interest Free
MARQUETTE -- Northern Michigan University is offering to help students who were counting on the Michigan Promise Scholarship.
The state pulled the plug on the scholarship program in the latest round of budget cuts.
NMU will offer interest-free loans of up to $2,000 to students who were supposed to receive the scholarship. More than 1,200 students were counting on the program.
The NMU loan program only applies to the current academic year. The interest-free payments can be spread over 20 months.
