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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Do members who currently live in the house--but did not live in the house during the previous contract year--have to pay the deficit?

No worries. You only have to help pay off the deficit if you lived in the house when the house went over budget. Similarly, you won’t receive a surplus check if you did not live in the house when the house stayed under budget.

Why do I have to wait for the house audit to get my shares back?

The shares you purchase(d) when you sign a contract in the SHC office make you an owner in your house. Those shares are also used to buffer the cost of a house deficit, should that happen. Money can also be added to your shares if your house has a surplus. Until the audit is finished, we don’t know if your house has a surplus or deficit.

I've never been audited before. How does it work?

It’s not a personal audit, but as a member of the house, you have an impact on the future of the house when you:

  • turn in receipts on time to your finance officer (so timely information can be shared to see if you’re on track for a deficit or surplus)

  • sign off on your house budget and any adjustments over the semester

  • as a house, contribute to house savings (part of your budget)

  • conserve resources

  • as a house, pay back a previous house surplus to the SHC (who gave it back to previous house members already)