In short — no. However, it’s important to know that off-campus living doesn’t affect your financial aid eligibility. … A standard room and meals amount is used to determine undergraduate students’ cost of attendance whether they live on or off campus.

Do you get less financial aid if you live off campus?

In general, your housing plans (living on or off campus) will not affect the amount of financial aid you receive. Your financial aid eligibility may be reduced if you decide to live at home with parents or relatives.

How does fafsa work with off campus housing?

The simple answer is yes, financial aid can be used to cover the costs of off-campus housing. Financial aid is awarded by your college after you file your FAFSA®. … In most cases, the total cost of attendance (COA) includes room and board, supplies (textbooks, laptops, etc.), transportation costs, and even childcare.