Mythbuster: i did son’t get a scholarship, so USC is not likely to be financially feasible

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Mythbuster: i did son’t get a scholarship, so USC is not likely to be financially feasible

Mythbus<span id="more-6623"></span>ter: i did son’t get a scholarship, so USC is not likely to be financially feasible

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

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

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

J: exactly what are the various types of Financial Aid?

D: There are many various types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money which will need certainly to be compensated back to the authorities. A grant is definitely an award that does not need to be paid back. Work-Study is a form of financial aid that enables students to keep part-time jobs in purchase to make cash 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 aid that is financial. The very first application is the FAFSA kind, which are available at FAFSA.ed.gov. The second application that students must submit may be the College Scholarship Service Profile form (CSS Profile) at collegeboard.com. These forms will collect data on the student’s and parents’ earnings, assets, and investments and so the aid that is financial can plainly see the financial situation of a student’s household. Once these forms are assessed the pupil will then receive a figure that specifies their family’s determined anticipated Family Contribution (EFC), or the quantity their family is anticipated to contribute toward their educational charges for that particular year that is academic. If we have a student’s determined monetary need we can then fund them with need based aid (funds, Loans, and Work-Study) to protect this need. Only at USC so long as the pupil applies on time, we will fill this USC determined need that is financial% with need based aid.

J: When does pupil typically receive their school funding Overview?

D: As long as a student applies by the Financial Aid 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 around the corner, probably feels like a million kilometers away for those waiting to hear from colleges. We obtain it…the waiting game is the worst! Here are some ideas of how you can pass the time while we wrap up the procedure on our end.

  1. Cross something off your high school bucket list

Will there be something you have constantly wanted to do but just haven’t gotten around to actually doing in high college? Now’s your chance. Go up to a volleyball or basketball game. Audition for the spring musical. Try that restaurant your friends are speaking about. Play in the battle of this 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 https://shmoop.pro/ out there and explore what’s happening at your college before you go off to university.

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

Nothing claims procrastination like college sports. March Madness, especially, is amongst the most readily useful methods to occupy your time. You will find baseball games almost daily, and when you are not viewing, you can obsess over your bracket and those of your rivals. Get excited kids, this is one of my favorite sporting events of this year!

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

If you are native to Los Angeles, or are already in the neighbor hood, go always check out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I really can not wait to visit Ollivander’s to locate my wand, drink a butterbeer at the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if I’m really fortunate, I might 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 beef that is corned with mustard. Get in the spirit with a fun green outfit to avoid the pinches of your buddies. We can all enjoy being Irish for your day! J

  1. Do some springtime cleansing down with the old in with this new

You’re about the head down to college and will be packing up likely most of your belongings to bring with you. There’s no right time like the present to begin going right on through your cabinet to clean things down. Create a few extra bucks by detailing your stuff that is nice on, and give the rest of Goodwill. Your parents will thank you when you transfer for taking everything with you!

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