Off Campus Living Out of State

Hello

I go to school out of state and this year I want to rent a home in the state where my school is. My current permanent address is my parent’s house in my home state. I wanted to know if I should do an official change of address through USPS from my parents home to the house I’m renting. I’m worried changing my address will affect my residency, affect my out of state scholarships, affect my private loans, or require me to get a new drivers license in the state of my school. Any advice would be helpful. I haven’t really found any information on the internet but I’m sure this can’t be the first time someone has had this issue.

Thanks!