The ad-funded magazine launches today across 65 universities in the UK including London Met, Leeds, Leeds Met, Manchester and Edinburgh and targets 18-21 year olds.
High-street retail group Arcadia, which owns Miss Selfridge and Dorothy Perkins, is partnering with the magazine to offer a reader discount and the chance to win £500 to spend on a new wardrobe.
Other reader offers come from fashion and beauty brands such as Office, Batiste and Amplified Clothing.
The spin-off magazine to big sister behemoth Cosmopolitan has also attracted beauty and fashion advertisers New Look, Accessorize, Next, Lipsy and Clarins.
Each issue will be timed to launch at the start of each university term, with three scheduled for 2011. The magazine has an initial print run of 250,000.
Justine Southall, publishing director at Cosmopolitan, said: "Having conceived the magazine and web channel as a recruitment marketing vehicle for the Cosmopolitan brand, we have been overwhelmed by the response from clients and agencies.
"Cosmo on Campus is the perfect medium for advertisers wanting to reach female students aged 18-21. As a result of the advertiser support and enthusiasm for this first issue, we are planning three in 2011 to coincide with the university term times."
Cosmopolitan magazine, whose strapline is: ‘A magazine for Fun, Fearless, Females’, recorded an ABC circulation figure of 401,750 for the January to June 2010 period.
The title was the third biggest selling women’s interest magazine in the UK after Conde Nast’s Glamour and NatMag’s Good Housekeeping respectively.
NatMag recently reported a return to profit for 2009 having slumped to a pre-tax loss £42.8m in 2008.