Mythbuster: used to don’t get a scholarship, so USC is not likely to be economically feasible

Mythbuster: used to don’t get a scholarship, so USC is not likely to be economically feasible

Over 30,000 students applied to USC for our merit based scholarship consideration. The procedure is extremely competitive, and only 1,200 students are considered for the scholarships. Students often think they can not afford USC without a scholarship, but which could perhaps not be true! I sat down with Danny Finlay, Assistant Director of Outreach for school funding, to set the record straight and get more details on how USC can be affordable.

Jessica: Students often confuse the difference between merit aid and need based aid. Might you explain the difference?

Danny: Merit based aid is money awarded to a student based for a compelling admission application that demonstrates significant achievements. Scholarships are the only type of merit based aid, and so are perhaps not awarded by the Financial Aid Office. Require based aid is directed at students based solely on their family’s demonstrated economic need. Factors such as for instance good grades or test ratings don’t play into awarding students need based aid.

J: What are the various kinds of Financial Aid?

D: There are a few various types of need based aid- Loans, Grants, and Work-Study. Loans are quantities of money that may need certainly to be compensated back to the government that is federal. A grant is an award that will not need to be paid back. Work-Study is really a form of educational funding that enables students to put on part-time jobs in order to earn cash to greatly help finance their education.

J: How does the Financial Aid office determine how aid that is much pupil will get?

D: The Financial Aid office will need students to submit two separate financial aid applications. The application that is first the FAFSA kind, which can be found at The 2nd application that students must submit may be the College Scholarship Service Profile form (CSS Profile) at These forms will collect data on the pupil’s and parents’ earnings, assets, and opportunities therefore the aid that is financial can clearly see the financial situation of a student’s household. Once these forms are evaluated the student will then receive a figure that specifies their family’s determined anticipated Family Contribution (EFC), or the amount their family is anticipated to contribute toward their educational costs for that particular year that is academic. Even as we have a student’s determined financial need we can then fund them with need based aid (funds, Loans, and Work-Study) to cover this need. Only at USC provided that the student applies on time, we shall fill this USC determined need that is financial% with need based help.

J: When does student typically get their school funding Summary?

D: As long as a student applies by the school funding deadline, they should receive an aid that is financial summary within one to two weeks after receiving an admission decision.

Raise your hand if you hate waiting…

April 1st, while right across the corner, probably is like a million miles away for all those waiting to know from colleges. We get it game that is…the waiting the worst! Here are some basic ideas of tips on how to pass the time while we wrap up the procedure on our end.

  1. Cross one thing off your school bucket that is high list

Will there be something you’ve always wanted to do but just have actuallyn’t gotten around to actually doing in high college? Now’s your chance. Go to a volleyball or basketball game. Audition for the springtime musical. Try that restaurant friends have now been speaking about. Play in the battle associated with bands. You’re a senior and frontrunner on campus. Yourself, people will only think you’re more fun if you make a fool of. Therefore get out here and explore what’s happening at your college before you go off to college.

  1. Join a March Madness pool or create one with your pals

Absolutely nothing states procrastination like college sports. March Madness, especially, is amongst the best how to occupy your time. You can find basketball games nearly daily, so when you’re not viewing, you can obsess over your bracket and those of your rivals. Get excited kids, this is one of my favorite sporting events regarding the year!

  1. Check our Harry Potter at Universal Studios if you are in Los Angeles

If you should be indigenous to Los Angeles, or are already within the neighbor hood, get check always out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I individually can’t wait to visit Ollivander’s to locate my wand, take in a butterbeer at the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if i am really happy, I might encounter a Basilisk and find out my patronus against a dementor.

  1. Arrange a St. Patricks party day

Nothing says fun quite like green jello and party hats. Go enjoy a shamrock shake and beef that is corned with mustard. Get in the spirit with a fun outfit that is green avoid the pinches of your buddies. We can all enjoy being Irish for your day! J

  1. Do some spring cleansing out with the old in with the brand new

You’re concerning the head off to college and will likely be packing up most of your belongings to bring with you. There is no time like the present to start going right on through your wardrobe to clean things down. Produce a few extra dollars by listing your good stuff on Tradesy, and supply the rest of Goodwill. Your parents will thank you once you move out for taking everything with you!

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