In spring 2020, Google announced that they would offer their Google Meet premium recording feature for free to assist educational institutions in their transition to remote learning. According to Google, all U-M Google users will lose access to the premium recording feature in Google Meet on January 10, 2022.
Any previously recorded meetings will remain in Google Drive unless the file owner deletes them, and you will still be able to view recordings.
If you are interested in recording meetings after January 10, check out U-M Zoom, which allows you to record meetings and download recordings. Refer to Record Meetings in Zoom and Save to Cloud or Local Computer for more information.