Complex sentence: In keeping with the College's philosophy that students develop valuable life skills from independent living, most residential students live in off-campus housing, however the College provides a limited amount of on-campus housing for 1st-time freshmen.
Split into simpler sentences: In keeping with the College's philosophy that students develop valuable life skills from independent living, most residential students live in off-campus housing. The College also provides a limited amount of on-campus housing for 1st-time freshmen.