Final answer:
No, living in student housing within five miles of the campus and receiving some kind of financial aid are not mutually exclusive.
Step-by-step explanation:
No, living in student housing within five miles of the campus and receiving some kind of financial aid are not mutually exclusive. It is possible for a student to live in student housing within five miles of the campus and still receive financial aid. For example, a student could be eligible for financial aid based on their income or academic achievements, while also choosing to live in student housing for convenience or other reasons.