Montana Higher Education Student Assistance Corporation, located in Helena, Mont., is a nonprofit organization. It specializes in providing financial assistance to the residents of Montana for postsecondary educational opportunities. The agency provides capital to the student and secondary loans market, loan origination activities and borrower rebate programs. Montana Higher Education Student Assistance Corporation also operates the Student Assistance Foundation, a nonprofit agency that administers various programs and loans for corporations. The agency also provides the Federal Direct Loan Program through which loans are administered by the Department of Education. It additionally offers a variety of grants to students according to their financial needs, cost of attendance and enrollment status.
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