That&#x27;s a good point. My university did not have this requirement, however I should point out, even if you lived at home, or moved out on your own - you will be spending this money anyway.<p>As-in, it doesn&#x27;t matter if the university requires you to take this package the first year, since you&#x27;re spending it no matter what (on living somewhere). It&#x27;s just a matter of who you give that money to.<p>If you don&#x27;t want to spend student loans on normal living expenses, one should work while attending university, this way your loans are only for your tuition and related school expenses... not for rent and food.