According to a news release Saturday morning from the East Lansing Police Department, one of the students was listed in critical condition at a hospital. The other was treated and released.
University police tweeted that students were alerted by text message about the shooting. The incident occurred just before 9 p.m. at the Cedar Village apartment complex, less than a mile from the Michigan State campus.
East Lansing police say the suspect being sought was believed to be in his 20s and that the shooting "does not appear to be a random act."
Dispatchers with the city and campus police departments said early Saturday there was no further information to release.