Mythbuster: i did son’t get a scholarship, so USC is not gonna be economically feasible

Mythbuster: i did son’t get a scholarship, so USC is not gonna be economically feasible

Over 30,000 students used to USC for our merit based scholarship consideration. The process is highly competitive, and only 1,200 students will be considered for the scholarships. Students often think that they can’t afford USC without a scholarship, but which will perhaps not be true! I sat down with Danny Finlay, Assistant Director of Outreach for educational funding, to set the record straight and get additional information on how USC can be affordable.

Jessica: Students usually confuse the difference between merit need and aid based aid. Could you simplify 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 kind of merit based aid, and so are maybe not awarded by the Financial Aid Office. Need based help is provided to students based entirely on their family members’ demonstrated need that is financial. Facets such as for example good grades or test scores don’t play into awarding students need based help.

J: What are different kinds of Financial Aid?

D: There are some different types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money which will need to be compensated back to the government. A grant is an award that does not need to be paid back. Work-Study is just a form of educational funding that enables students to hold part-time jobs in purchase to make money to greatly help finance their education.

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

D: The Financial Aid office will need students to submit two separate financial aid applications. The very first application is the FAFSA kind, which can be obtained at The second application that students must submit is the College Scholarship Service Profile type (CSS Profile) at These kinds will collect data in the student’s and parents’ earnings, assets, and assets and so the financial aid office can demonstrably see the financial situation of the student’s household. Once these forms are examined the student will likely then receive a figure that specifies their household’s determined anticipated Family Contribution (EFC), or the amount their family is expected to contribute toward their educational charges for that particular scholastic year. If we have a student’s determined need that is financial can then fund them with need based aid (Grants, Loans, and Work-Study) to protect this need. Here at USC so long as the pupil applies on time, we’ll fill this USC determined monetary need 100% with need based help.

J: When does pupil typically receive their Financial Aid Summary?

D: As long as a student applies by the educational funding deadline, they should receive a educational funding award summary within 1 or 2 weeks after receiving an admission decision.

Raise your hand if you hate waiting…

April 1st, while appropriate across the part, probably feels as though a million kilometers away for all those waiting to know from colleges. We obtain it…the waiting game is the worst! Here are some basic ideas of ways to pass the time while we wrap up the procedure on our end.

  1. Cross something off your high school bucket list

Can there be something you have constantly desired to do but just haven’t gotten around to actually doing in high college? Now’s your chance. Go up to a basketball or volleyball game. Audition for the springtime musical. Try that restaurant friends have been discussing. Play in the battle of the bands. You are a senior and leader on campus. If you make a fool of yourself, individuals will simply think you’re more fun. So escape there and explore what are you doing at your college before you head down to university.

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

Absolutely nothing claims procrastination like college sports. March Madness, especially, is among the best techniques to occupy your time. There are basketball games nearly daily, so when you are not viewing, you can obsess over your bracket and those of your rivals. Get excited young ones, this is one of my favorite sporting events of the year!

  1. Check always our Harry Potter at Universal Studios if you should be in LA

If you are native to Los Angeles, or happen to be within the community, get always check out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I myself can’t wait to visit Ollivander’s to find my wand, drink a butterbeer during the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if I’m really lucky, I may encounter a Basilisk and learn my patronus against a dementor.

  1. Plan a St. Patricks day party

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

  1. Do a little spring cleaning down with the old in with the brand new

You’re about the head down to college and will likely be packing up most of your belongings to bring with you. There’s no time like the present to start out going right through your closet to clean things out. Create a few extra bucks by listing your stuff that is nice on, and give the rest of Goodwill. Your moms and dads will thank you once you re-locate for taking everything with you!

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