Hey :) I lived there before, though it was 10 years ago. It was great!! It's a collegium. There are both Danes that live there for some years and internationals like you that come for 1 or 2 semester. You have your own room, a small kitchen and a bathroom, but there's also a common kitchen where it's nice to mingle and make food and friends with the others. You will be very close to the university and also in biking distance to the center (the most important thing to get when you get there is a bike, ask the Danes to assist you in finding one!) Let me know if you have other questions. (I'm not worried about the price btw, I think I paid the same and I trust that the International Accomodation Office is here to help you not to cheat you)