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Mythbuster: I didn’t get a scholarship, so USC is not gonna be economically feasible

Mythbuster: I didn’t get a scholarship, so USC is not gonna be economically feasible

Over 30,000 students applied to USC for our merit based scholarship consideration. The method is highly competitive, and only 1,200 pupils will likely be considered for the scholarships. Students often think which they can’t 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 straight and get extra information on how USC can be affordable.

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

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

J: What are the different kinds of Financial Aid?

D: There are many different types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money that may need certainly to be royal vegas casino download paid back to the authorities. A grant can be an award that doesn’t need to be paid back. Work-Study is a type of school funding that allows students to carry part-time jobs in order to make money to greatly help fund 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 economic aid applications. The application that is first the FAFSA type, which can be located at The 2nd application that students must submit could be the College Scholarship Service Profile form (CSS Profile) at These forms will collect information on the pupil’s and parents’ earnings, assets, and investments so that the aid that is financial can obviously see the financial situation of the student’s household. Once these forms are examined the pupil will likely then receive a figure that specifies their family members’s determined Expected Family Contribution (EFC), or the total amount their loved ones is expected to contribute toward their educational costs for that particular scholastic 12 months. Once we have a pupil’s determined need that is financial can then fund them with need based aid (funds, Loans, and Work-Study) to cover this need. Here at USC as long as the pupil applies on time, we’ll fill this USC determined economic 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 school funding deadline, they should receive an aid that is financial summary within 1 to 2 weeks after receiving an admission decision.

Raise your hand if you hate waiting…

April 1st, while appropriate across the corner, probably is like a million miles away for people waiting to know from colleges. We obtain it game that is…the waiting the worst! Check out ideas of tips on how to pass the time while we summary the process on our end.

  1. Cross something off your school bucket that is high list

Can there be something you’ve constantly desired to do but just haven’t gotten around to actually doing in high school? Now’s your chance. Get up to a baseball or volleyball game. Audition for the springtime musical. Try that restaurant your pals are speaing frankly about. Enjoy in the battle associated with bands. You’re a senior and leader on campus. If you make a fool of yourself, individuals is only going to think you are more fun. So move out there and explore what’s happening at your college before you head down to university.

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

Absolutely nothing states procrastination like college sports. March Madness, especially, is one of the most useful techniques to occupy your time. You can find baseball games almost daily, and 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 the year!

  1. Always check our Harry Potter at Universal Studios if you are in LA

If you are native to Los Angeles, or are into the community, go 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 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 discover my patronus against a dementor.

  1. Plan a St. Patricks party day

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

  1. Do some springtime cleaning out with the old in with this new

You’re in regards to the head off to college and will be packing up likely most of your belongings to create with you. There is no right time like the present to start out going right through your wardrobe to clean things away. Make a few extra dollars by detailing your good stuff on Tradesy, and supply the rest of Goodwill. Your moms and dads will thank you when you transfer to take everything with you!