Selected students will be accomodate at Go inn hotel. http://go-inn-jaguare.hotelsaopaulo.org/en/. This hotel is a walkway from the University of São Paulo. Use promotional code POLI/USP to get special fare.
There are other hotels in Pinheiros region near the subway. There is a subway station named "BUTANTÃ" in Yelllow metro line (linha amarela). However, one needs to take a bus from the Butantã station to USP.