Information on How to Bid, Requests for Proposals, forms and publications, contractor rates, and manuals. Michigan Department of Education (MDE) is excited to announce the Student Loan Repayment Program grant for districts and intermediate districts.Today I received a mail from bank saying go to DMV and we will adjust the release lien holder. What's the standard process after loan pai off. When your loan is paid off, your lender will send the lien release to the DMV. It can take roughly two to six weeks to get your title after paying off a car. You may qualify for forgiveness of the remaining balance due on your eligible federal student loans based on your employment in a public service job. Complete the Direct Loan Entrance Counseling process at StudentAid.gov. MSU Federal Credit Union PO Box 4097. The quickest and easiest way to apply is via Online banking or our mobile app.