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What is the Matching Grant Program?

April 26, 2017matching program

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What is the Matching Grant Program?

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The State of Michigan may provide a matching grant (the “State Matching Grant”) of $1.00 for each $3.00 of contributions made to the MESP account (up to a maximum State Matching Grant of $200 per eligible beneficiary). The State Matching Grant is available only in the first year the beneficiary is enrolled in MESP, and only one account owner per beneficiary may apply for a State Matching Grant on behalf of a beneficiary. The application deadline date is September 30, 2008, or such later date as may be provided by Michigan law.