Nonprofit, communal and self-governing housing developments for enrollees at schools
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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 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,[1] 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.
Most student housing coops in Canada and the United States are members of North American Students of Cooperation.[citation needed]
^"About our Cooperative". MSU Student Housing Cooperative. Archived from the original on 2013-12-06.
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