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Office of Financial Aid

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Office of Financial Aid
  • About
  • Prospective Students
  • Undergraduate Aid
  • Graduate & Professional Aid
  • FAQs
  • References

< About

  • Contact
  • Our Mission
  • OFA Terms and Conditions

< Prospective Students

  • Getting Started
  • Complete the FAFSA
  • Estimate Your Costs
  • Next Steps
  • Spartan Tuition Advantage
  • Search For Scholarships
  • Loan Resources
  • Special Degrees and Populations
  • Manage Your Aid

< Undergraduate Aid

  • Spartan Tuition Advantage
  • Scholarships, Grants & Loans
  • Other Aid
  • Special Degrees and Populations
  • Manage Your Aid

< Graduate & Professional Aid

  • Gift Aid
  • Loans
  • Manage Your Aid
  • Other Types of Aid
  • College of Law
  • Medical Students
  • Grad FAQs
  • Special Degrees and Populations

< FAQs

  • FAFSA
  • Spartan Tuition Advantage
  • Aid Eligibility
  • Notification and Disbursement
  • Special Populations

< References

  • Advisors
  • Calendar of Financial Aid
  • CARES Act Reporting
  • Disbursement
  • Enrollment Chart
  • Federal Notices
  • Glossary
  • Grade Levels and Loan Limits
  • Institutional Award Policy
  • Loan Proration
  • Satisfactory Academic Progress
  • Professional Judgment
  • Terms and Conditions
  • Verification
  • Help
Office of Financial Aid > Graduate and Professional Aid > Medical > Budget Planning >

Med Budget FAQs

Frequently Asked Questions - Medical Students

Does FA account for inflation?
Budgets are increased for inflation yearly, using the Consumer Price Index as reported by the U.S. Bureau of Labor & Statistics.
Housing

Are the funds expecting single or shared occupancy of an apartment?

Housing is calculated using the average cost of a single occupancy East Lansing apartment.

 

Does the budget consider the price of apartments in Grand Rapids vs East Lansing (or Detroit, Traverse City, etc.)?
The budget is based on average rent prices in East Lansing. Currently, East Lansing has one of the highest rents in the state.

Transportation

What is included in the Transportation budget?

Gas/mileage, bus pass, travel home (average, varies based on residency).

Does it expect I already own a car that I’m not still paying for?

The transportation budget does not include monthly payments on an automobile.

Does it include money for gas?

Gas is included in medical student budgets, and varies based on the need for clinical travel in a particular year.

How many miles of travel a week are included?

The miles of travel included varies based on the need for clinical travel in a particular year.

Books

What if I want to buy a book?  Is that accounted for?

The "Books/Instruments" category accounts for the purchase of books and supplies. If the amount needed for book and instruments exceeds the allotted amount, students may submit a Professional Judgment request in order to be evaluated for a budget increase.

Technology

How do I navigate funds for a new computer?

Contact an advisor for assistance with a one-time budget increase for a computer purchase.

Resources

  • FAFSA
  • Federal Loans
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Enrollment Services

  • Office of the Registrar
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Reports

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Support Services

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Working at MSU

  • MSU Office of International Students and Scholars
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Contact us

(517) 432-8000

Email

onestop@msu.edu

In-Person Financial Aid Assistance

Hannah Admininstration Building 426 Auditorium Rd, Rm 140 East Lansing, MI 48824

Financial Aid Mailing Address

Michigan State University Student Services Building 556 E. Circle Dr., Room 252 East Lansing, MI 48824

FAFSA/Federal School Code

002290

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