I have heard from previous/current students that there is no residency requirement. Is this true?

The policy was new to UWM for students entering in for the 2012-2013 Academic Year. While the UW System Policy had existed for nearly 40 years, UWM did not have the capacity to accommodate the entire first-year class, and therefore was exempt. With the opening of Cambridge Commons Residence Hall in Fall 2010, UWM can now accommodate the entire first-year class, and therefore, implemented the policy shared by the vast majority of University of Wisconsin four-year institutions.