Most parents can’t cover 100% of their son or daughter’s college education. With the gift options from the Michigan Education Savings Program (MESP), you don’t have to. A unique part of the plan is the capability to give and receive gift contributions from friends and family — making supporting a child’s future education a win-win for everyone. Your account will grow faster. And in certain cases, the contributor can receive state tax benefits to incorporate the gift into their overall estate and legacy planning. Consult your tax advisor.