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Students

Prearrival Information

Financial Information

It is very important that you carefully plan your budget to meet all your anticipated educational and living expenses. The first few weeks in a new community can be the most expensive period of your stay in the United States. A number of items must be purchased and several one-time deposits are due at the start of the academic year. We recommend that you bring sufficient funds for immediate expenses. For your own protection, do not bring a large amount of cash. Bring traveler’s checks in U.S. dollars because they can be purchased at most banks around the world.

If you bring a bank draft from your country to open an account in a local bank, you may not withdraw funds from the account until the check has been approved for collection. Because this process generally takes about 10 to 15 days, do not rely upon a bank draft for immediate cash. If you have money wired directly from your home bank to an East Lansing bank, you may draw upon it immediately after establishing an account.

Automatic Teller Machines (ATMs) are located on campus and throughout the community. You may be able to use your own bank card in these ATMs, but we recommend that you check with your home bank about the possibility of additional charges.
Funds from home can be transferred in your name to MSU. If you plan to do so, please contact the Student Accounts and Cashier Services at (517) 355-3343 or www.ctlr.msu.edu/COStudentAccountsOpens in new window.

Paying Fees

Once you are enrolled, you will receive your first semester bill electronically. The bill can be paid in full or in three payments (deferment plan). If you choose the three-payment option, a financial charge of 12 percent each year (and any service fees) will be added on deferred tuition and fee charges. There is no financial charge assessed on deferred housing charges. Please visit: ctlr.msu.edu/CostudentaccountsOpens in new window for more information on fee payments and to view a tuition and fee cost calculator.