MSU Student Housing Cooperative

The MSU Student Housing Cooperative (MSU SHC) is a non-profit, autonomous organization providing an affordable off-campus housing option to students and the Greater Lansing community. There are more than 240 members in our 17 houses. Houses vary from 5 to 29 members, each with their own character and history. Our name honors our historical affiliation with Michigan State University, where we remain a registered student organization. However, we operate independently from the university with additional requirements and guidelines for membership.

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What is the purpose of the house audit?

The House Audit determines whether a house stayed within budget during the fiscal year (Sep 1 - Aug 31). If a house went over budget (had too many expenses and not enough house charges), this is called a deficit. It takes money away from the house account and can affect future contract years.  If the house was under their budget (paid more house charges than expenses), this is called a surplus. The members paid more than what was spent, so this money is paid back to its members.