Dept. of Education Reporting

This information is being provided under Department of Education Cash Management rule 668.164 for Tier Two Agreements.

MSUFCU contract with MSU

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Reporting Information for the Award Year ending June 30, 2022:

1. Mean student costs: $1.61 in the Award Year ended June 30, 2022
2. Median student costs: $0.00 in the Award Year ended June 30, 2022
3. Number of students who had financial accounts which originated under the contract during the Award Year ending June 30, 2022: 1,883
4. Total consideration paid to the institution in the period July 1, 2021 through June 30, 2022 (excluding payments for credit card licensing, ATM placement, and branch rent): $1,000,000
5. Total non-monetary consideration received by the institution for the Award Year 2021-2022 was none