A
student housing cooperative, also known as
co-operative housing, is a
housing cooperative for
student members. Members live in alternative cooperative housing that they personally own and maintain. These houses are specifically designed to lower housing costs while providing an educational and community environment for students to live and grow in. They are, in general, nonprofit, communal, and self-governing, with students pooling their monetary and personal resources to create a community style home. Many student housing cooperatives share operation and governing of the house. As with most cooperatives, student housing coops follow the
Rochdale Principles and promote collaboration and community work done by the members for mutual benefit.