How To Succeed in College/Dormitories and Off Campus Housing

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Off Campus Housing[edit]

Although it depends on where you desire to live, students can save money by choosing to live off campus. Colleges make money from campus housing.[1] If you have a great deal of trouble sticking to a budget because it takes extra time out of your day, or because it’s hard to keep track of everything you spend, you’re in luck. Budgeting tools have taken a lot of the guesswork out of keeping and maintaining a budget. [2] By moving off campus but continuing to share expenses with roommates, it is possible to save money. While it depends on where you choose to live and how many roommates you have, the financial savings from moving off campus can be substantial. In a calculation prepared for a college course, two students at the University of Tampa estimated that they could save almost $2,000 per year living off campus ($8,518 per year on campus with no kitchen; $6,910 per year on campus with a kitchen). Even if you have to pay rent over the summer, this can still be cheaper than on campus housing. Other estimates concur that it can be substantially cheaper to live off campus.[3]


It may be difficult to study in your dorm room if you share a room. This may be the case if you and your roommate(s) do not share a schedule or have different views toward studying and academic success. If you find it difficult to study in your dorm, a good alternative is the library, where patrons are required to be quiet.


  1. “Save Money with Off Campus Housing.” Accessed February 14, 2013.
  2. “How to Manage Money as a College Student?” Accessed May 10, 2017.
  3. “Change of Living Situation | The University of Chicago College Admissions.” Accessed February 14, 2013.