Co-op wages are subject to federal, state and local withholding taxes. Benefits Fringe benefits are optional. In addition, many companies offset travel and temporary living expenses in instances where students are required to travel long distances. For many students housing is becoming a major concern in deciding whether or not to co-op at locations away from home. Housing arrangements vary from one employer to another.
Some employers provide housing for their co-op students.
Others deduct from payroll for lodging. Many supply information about possible housing arrangements which other co-op's have used before.