The MATL is a joint effort of United Cerebral Palsy of Michigan, Disability Network agencies throughout the state, and Michigan State University Federal Credit Union (MSUFCU) in East Lansing.
The program provides low cost, fixed-rate loans to qualified applicants to finance the purchase of assistive technology devices and/or services including modification of vehicles and homes, wheelchairs, computers, hearing aids, etc. Loans may also cover the cost of training, warranties, and services agreements.
Any resident of the State of Michigan who has a disability, or a senior who needs assistive technology, may apply. There is no minimum loan amount; there is a maximum of $30,000. The interest rate is determined by Michigan State University Federal Credit Union based on the applicant’s credit score and is a fixed rate for the duration of the loan. Repayment terms are based on the expected useful life of the assistive technology device or services, up to a maximum of seven years.