will doing off campus housing affect FA?

<p>D will be junior next year and wants to do off campus housing with some other students. I told her that she needs to check and see if it affects her FA.
Does anyone knows how this will play out.
I do know the pros and cons of livng on vs. Off but not sure how it affects COA and FA.</p>

<p>I think it affects the amount of financial aid you can receive. When calculating your D’s financial aid package, NYU will subtract the estimated cost of housing from the estimated cost of attendance. So the max amount of financial aid would be around $40k instead of $54k. I <em>think,</em> but I’m not sure.</p>