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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 used to USC for our merit based scholarship consideration. The process is extremely competitive, and only 1,200 students will likely be considered for the scholarships. Students often think they can not afford USC without a scholarship, but that will maybe not be true! I sat down with Danny Finlay, Assistant Director of Outreach for school funding, to set the record right and get more info on how USC can be affordable.

Jessica: pupils often confuse the difference between merit need and aid based aid. Could you simplify the huge difference?

Danny: Merit based help is cash awarded up to a student based on a compelling admission application that demonstrates significant achievements. Scholarships are the type that is only of based aid, and are also perhaps not awarded by the Financial Aid Office. Require based help is given to students based solely on their family members’ demonstrated need that is financial. Facets such as good grades or test ratings don’t play into awarding students need based aid.

J: What are the various kinds of Financial help?

D: There are many different types of need based aid- Loans, Grants, and Work-Study. Loans are amounts of money which will have to be compensated back to the government that is federal. A grant is definitely an award that will not need to be paid back. Work-Study is really a as a type of financial aid that enables students to put on part-time jobs in purchase to earn cash to greatly help finance their education.

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

D: The Financial Aid office will need students to submit two separate financial aid applications. The first application is the FAFSA kind, which can be located at The application that is second students must submit could be the College Scholarship Service Profile type (CSS Profile) at These forms will collect data on the student’s and parents’ earnings, assets, and assets therefore the educational funding office can obviously see the financial situation of the student’s family. Once these forms are assessed the pupil will likely then receive a figure that specifies their family members’s determined anticipated Family Contribution (EFC), or the amount their loved ones is anticipated to contribute toward their educational charges for that particular academic 12 months. Even as we have a pupil’s determined economic need we can then fund them with need based aid (Grants, Loans, and Work-Study) to protect this need. Here at USC as long as the pupil applies on time, we shall fill this USC determined monetary need 100% with need based aid.

J: When does pupil typically get their educational funding Summary?

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

Raise your hand if you hate waiting…

April 1st, while right across the part, probably feels like a million kilometers away for anyone waiting to know from colleges. We have it…the waiting game is the worst! Here are a few ideas of tips on how to pass the time while we wrap up the process on our end.

  1. Cross one thing off your high school bucket list

Can there be something you’ve always wanted 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 your pals were discussing. Enjoy in the battle associated with the bands. You are a senior and frontrunner on campus. Yourself, people will only think you’re more fun if you make a fool of. So move out there and explore what’s happening at your school before you go off to university.

  1. Join a March Madness pool or create one with friends

Nothing claims procrastination like college sports. March Madness, especially, is one of the most useful techniques to occupy your time. You will find basketball games almost daily, so when you are not watching, you can obsess over your bracket and those of your competitors. Get kids that are excited this is one of my favorite sporting events of this year!

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

If you should be native to Los Angeles, or are already into the neighborhood, 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 fortunate, I may encounter a Basilisk and learn my patronus against a dementor.

  1. Arrange a St. Patricks day party

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

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

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