Dormitory equally shared fee is the expense collected from all dormitory members voluntarily and used for dormitory group activities or communal purposes. Investigating the average level, sources, and the spending structure of the dormitory equally shared fee opens up a new pathway to understanding the dormitory life of college students and the status quo of collaboration between the school and dormitory in talent fostering. A questionnaire survey was administered to 242 dormitories at Xiangnan University. Some individuals were picked for case interviews. The prevalence, amount, source, spending structure and the influence factors of the dormitory equally shared fee were analyzed. The research findings provide clues for guiding college students’ dormitory life, dormitory management, and collaboration between the school and dormitory in talent fostering.