MSU OFA News

 

June 6, 2014

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studentloanlimits

Did you know that there is both an annual and lifetime limit on how much a student can borrow in federal student loans? We have come up with a quick video that explains the two limits and the amounts: http://vimeo.com/97137262. You can also learn more about federal loan limits at: www.finaid.msu.edu/limits.asp

scholarships

During this time of year some students begin to receive scholarship checks, possibly from their high school, local organizations, etc. We often receive the question - "Who do I send the check to?"

Here at Michigan State the Office of Financial Aid collects scholarship checks and applies the funds to the student's MSU account. The student's PID should be included either in the memo of the check or on a letter enclosed with the check. If the check is made out to the student and Michigan State, please have the student endorse the check first and then submit it to our office (otherwise it delays the processing of the check as we need to obtain the student's signature). Checks should be sent to:

Office of Financial Aid
556 E Circle Dr, Room 252
East Lansing, MI 48824

If the check is made out to the student themselves they must report the scholarship to our office. This is required per federal regulations for students receiving federal student aid. They can do so by logging into stuinfo.msu.edu, clicking on Check Your Aid, and Report Other Aid or by submitting information to our office in writing.

officereno

Renovations are going well. We are looking forward to the new space. Our reception and advising area will be closed April 21st through August 1st and relocated to the Brody Neighborhood Engagement Center due to renovations.  The front reception area will be closed during construction and many advisors will be relocated during this time.

Our phones, e-mail, and social media will continue to be available during our regular business hours of 8:00am to 4:55pm Monday through Thursday and 9:00am to 4:55pm on Fridays.

We are looking forward to a new advising area that will provide more privacy for students and families coming in to discuss their educational financing options. Thank you for your patience as we improve this space.

Contact Us

Office of Financial
www.finaid.msu.edu
E-mail: finaid@msu.eduMSU Seal
Phone: 517-353-5940
Fax: 517-432-1155
In-Person or Mail:
556 E Circle Dr, Room 252

East Lansing, MI 48824

Walk-In Advising Hours:
Monday-Friday
9:00am to 4:45pm

Phone Hours:
Monday-Thursday
8:00am to 5:00pm
Friday
9:00am to 5:00pm

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