News

MSU SHC offers financial relief to members demonstrating financial hardship

October 16, 2020
MSU SHC offers financial relief to members demonstrating financial hardship

In June 2020, SHC Board of Directors allocated funds from the Vacancy Reserves specifically for the purpose of supporting members who are unable to fulfill their Contract as a result of pandemic-related financial hardship.

To ensure fair and equitable decisions, a Financial Relief Committee (F.R.C.) was formed. The F.R.C. will overview information from members seeking relief to cover Monthly Charges.

The FRC will be comprised of:

  • Executive Team (advising)
  • Finance Team (advising)
  • The Corporate Treasurer (Chair)
  • 2 Board Members
  • 1 Membership Committee Member
  • 1 Education Committee Member

Who can apply : Any member of the MSU Student Housing Cooperative. Members who intend to complete their current standing contract in full with the MSU Student Housing Cooperative will be given priority.

To apply: Complete the Application. The application will require demonstrating other resources sought (ie. unemployment, MSU FCU Member Assistance Loan, etc.).