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Federal Notices

The Higher Education Opportunity Act of 2008 requires disclosure of policies that can affect students in colleges and universities. The following information is disclosed to you as a student at Michigan State University in compliance with this federal law.

Terms and Conditions of federal student loans

The Terms and Conditions of federal student loans are listed on the Master Promissory Note, which must be signed by the student before they can accept the loan. 

Listed below are links to the Rights and Responsibilities for different types of federal student loans:

Federal Direct (Subsidized & Unsubsidized) Loans
Grad PLUS Loan
Perkins Loan

Student Loan Problems

Borrowers should first attempt to resolve complaints about their federal loans by contacting the school, company, agency, or office directly involved. If the borrower has made a reasonable effort to resolve the problem through normal processes and has not been successful, he or she should contact the Federal Student Aid Ombudsman.

Entrance and Exit Counseling for federal student loans

Information is available on the website for Entrance and Exit Counseling.

Federal student aid penalties for drug law violations

Federal law previously disqualified any student who was convicted of possession or sale of a controlled substance from receiving federal financial aid. Effective July 1, 2021, that law has been reversed. Any student who was previously determined to be ineligible, whether for a limited time, or indefinitely, unless ordered by the court, is once again eligible for federal financial aid.

Code of Conduct for financial aid professionals and advisory disclosure

The Office of Financial Aid at Michigan State University has established a Code of Conduct for financial aid professionals as required by law.

The Office of Financial Aid discloses that currently no financial aid professional on staff is serving on a lender advisory board.

Refund disbursement information

All students (whether Pell eligible or not) who have excess aid at the start of the semester are eligible for a financial aid refund.