Living Off Campus
Before you decide to live off-campus, consider the pros and cons and learn how it impacts your financial aid.
The Financial Aid Office has determined the costs associated with living off-campus based on national averages as well as the California Student Aid Commission (CSAC) Student Expenses and Resources Survey (SEARS).
Student who choose to live off-campus will see a reduction in their overall eligibility for financial aid based on the less expensive options of either living off-campus or with parent(s). Most students who live off-campus see a reduction in their need-based scholarship by the difference between the On-Campus and Off-Campus or with Parent budgets.
|2014-2015 Budgets||On-Campus||Off-Campus||with Parent|
|Room & Board||$13,946||$9,328||$4,838|
|Books & Supplies||$1,244||$1,244||$1,244|
For example, if you normally receive $25,000 in need-based scholarship when living on-campus, and you decide to live off-campus, you can expect a reduction in your scholarship of $4,618 (amount is difference between on and off campus budgets). Thus your off-campus scholarship amount would be $20,382. If you plan to live with your parents, the reduction is $9,108 (amount is difference between on and off campus budgets) and your scholarship amount would be $15,892. Please refer to chart above for budget reduction amounts.
When planning your off-campus budget, you should try to budget using the Off-Campus Room & Board budget of $9,328 for a 10 month period (August-May). With a budget of $9,328 over 10 months, you can afford to spend $932/month for all off-campus expenses (i.e. rent, food, utilities, and internet). If your expenses are close to this amount, you would spend the same amount of money whether you lived on-campus (in a double room with Meal Plan B) or off-campus. If your monthly budget is more, living off-campus will be more costly than living on-campus. If your off-campus expenses are less, then you would be saving money by living off-campus.
Please note that grants and scholarships cannot be used to subsidize off-campus living. If your financial aid package includes grants and scholarships in excess of tuition and fees, your grants and scholarships will be capped at this figure. You might be eligible for an increase in student loans or work award to meet your off-campus living expenses.
- Mailing Address:
Financial Aid Office
1600 Campus Road F-35
Los Angeles, CA 90041
Arthur G. Coons
- Phone: (323) 259-2548
- Fax: (323) 341-4961
- Email: email@example.com