Starting at a new school with new people and new faces can be overwhelming, but Tradition on Rio is here to help by providing SMART Housing. Through SMART Housing, we can help students who receive need-based financial aid, pay for school via student loans, or work while going through school to pay for living expenses independently.
Frequently Asked Questions About SMART Housing
SMART Housing was created by the city of Austin to aid students who receive need-based financial aid, pay for school through student loans, or work while going through school to pay for living expenses independently. Students who qualify for SMART Housing qualify for discounted monthly installments at certain apartment communities, including Tradition on Rio!
There are two ways to qualify for SMART Housing. The first is receiving need-based financial aid, which may automatically qualify you for smart housing. The second qualifier is if you meet the low-to-moderate income requirement for Austin, which means whoever is paying for the housing only makes 50-60% of the median Austin income. You will need proof from a W2, 1040, a letter from an employer, or three pay stubs. If you are unsure whether you qualify for SMART Housing, send a screenshot of your UT direct cash page or proof of income to a member of our team for help!
At Tradition on Rio, we offer SMART Housing rates for our Zilker floorplan at a discounted SMART rate of $1,399/monthly.
SMART Housing rates are typically sent out in July by the city of Austin for the following lease term. Tradition on Rio has a limited number of units dedicated to SMART Housing, but these fill up rather quickly, so we recommend signing a housing contract earlier to help ensure you can save your place.