MSU Student Housing Cooperative

The Michigan State University Student Housing Cooperative (MSU SHC) is a non-profit organization providing a low-cost housing option for students at MSU and surrounding schools. There are more than 200 members in 15 houses across the East Lansing area. Houses vary from five to 29 members, each with their own character and history. 

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I live in a house now that got hit with a large deficit. I also lived in the house last year, but I can’t pay it all this month. What happens?

The SHC has a policy for late fines with any balance over $100. This late fee can be waived for up to 3 months, but the house deficit must be over $150/person and you must bring it to the Corporate Treasurer to approve. This works like a payment plan for the deficit. 

In summary, the SHC bad debt policy still applies to any balance on your account outside of the specific approved deficit of $150. 

*Please discuss circumstances with your house and/or house treasurer if you wish, but we want to maintain individual accountability.

 

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