Resources to Understand Living Expenses. The Free Application for Federal Student Aid, or FAFSA, takes into account where you will be living. We’ve got you covered! How living off-campus affects your financial aid. If you choose to live off campus, you may or may not qualify for the same amount of financial aid that you would receive if you actually lived on campus. Here are some common myths about financial aid and the Free Application for Federal Student Aid (FAFSA®)—and we’ll give you the real scoop. Living off-campus does not affect a student's financial aid eligibility. No, because the budget for off-campus living expenses is the same as the standard on-campus room and board budget. The amount for the 2019-2020 school year is approximately $15,640. Can You Live off Campus? However, I know that changing your fafsa from living on campus to off campus may affect the amount of financial aid I'm eligible for. How does living off campus affect my financial aid award? She put on campus and we later amended it to reflect off campus. If residence hall stays are not required for freshman, then a comparable living space in the school's location is substituted. Financial aid is based on the standard cost of attendance at Northwestern, which includes the same estimated room and board costs for all students living either in University housing or in an off-campus apartment (with the exception of commuter students who are living at home with a family member). So, it's no secret that junior/senior housing at GW is pretty nice, but also very expensive. About the Author. Living off campus does not affect your financial aid eligibility. If you are living off-campus, look for housing that costs less for 12 months than an on-campus double room. Does living off campus change my eligibility for financial aid? Does anyone know from experience how going from on campus to off campus changed their financial aid or expenses, including the cost of food? The cost of attendance for students living at home is typically less. Free Application for Federal Student Aid: What is the FAFSA? University of Southern California: How Will My Housing Plans (Living On or Off Campus) Affect Financial Aid? There should be a cost of attendance for on campus, off campus, and commuters (living at home with parents). your FAFSA status will not change - you are still a dependent student if you are not over 24 & do not meet other criteria (such as enlisted military) the only thing that will change is where you indicate "living off-campus" instead of "living on-campus" where you indicate what school you are going to I am most likely going to be living with my parents while attending school, but i need as much money as i can get for tuition. While living off campus can be quite rewarding, it does present new responsibilities and challenges. In general, your housing plans (living on or off campus) will not affect the amount of financial aid you receive. There’s so much information available about financial aid for college that it can be hard to tell the facts from fiction. Living off campus does not affect your financial aid eligibility. ". Find out if living on campus or off campus affects how much money you … Your financial aid eligibility may be reduced if you decide to live at home with parents or relatives. The allotment for a commuter living at home was much less (because presumably you are living at home and do not have rent, utilities, etc. A standard room and meals amount is used to determine undergraduate students' cost of attendance whether they live on- or off-campus. This service is FREE for anyone to use as an effective method of finding a place to live off campus or finding a roommate.

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