Every spring semester, the apartment hunting begins. Apartments are looked at, leases are signed and roommates are picked. The students choosing to live off campus are in a scramble mid-January to figure out where they are going to live in August.
Students choosing to live on campus have until April, but the stress is just the same. Will they find an open suite to live with all of their friends? Will they have to get a random roommate?
This stress increased because everyone knows that who they live with and where can determine a lot about how the next year is going to go.
But what about the financial side of it?
Many students are surprised to find that it can be cheaper to live off campus - even for in-state students.
“I print an example and calculate how much aid will cover if the student lives off campus. It depends on a lot of things, but often it can end with a refund check to put toward rent,” said a consultant in a Financial and Registration office.
Many students are surprised to learn that their financial aid does not change if they live off campus, Dilan Clements saves a substantial amount of money living off campus.
“I saved around $4,500 this year. It’s all about personal preference though and what your needs are.
“A couple of my friends influenced me to go to the financial aid office and check out how much my refund check would be if I decided to live off campus. The financial aid lady calculated how much money I would get back depending on the amount of aid I received this year. Turns out I have more than enough to live in an apartment!” Robinson said with a smile.
Though it varies person to person, Woodell encourages people to check it out.
“It’s a personal decision for everyone, but everyone should do the math. It’s worth checking out,” Woodell said.