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

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

Over 30,000 students applied to USC for our merit based scholarship consideration. The procedure is very competitive, and only 1,200 students are going to 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 Financial Aid, to set the record right and get extra information on how USC can be affordable.

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

Danny: Merit based help 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 are also perhaps not awarded by the Financial Aid Office. Need based help is provided to students based solely on their family’s demonstrated need that is financial. Facets such as for instance good grades or test scores don’t play into awarding students need based help.

J: What are the various types of Financial help?

D: There are some various types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money that will have to be compensated back to the government that is federal. A grant can be an award that doesn’t need to be paid back. Work-Study is just a form of financial aid that enables students to carry jobs that are part-time order to make cash to greatly help finance their education.

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

D: The Financial Aid office will need students to submit two separate aid that is financial. The application that is first the FAFSA form, which can be located at FAFSA.ed.gov. The application that is second students must submit is the College Scholarship Service Profile form (CSS Profile) at collegeboard.com. These kinds will collect information regarding the student’s and parents’ earnings, assets, and investments so the aid that is financial can plainly see the financial situation of the 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 amount their loved ones is expected to contribute toward their educational charges for that particular year that is academic. As 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 shall fill this USC determined monetary need 100% with need based help.

J: When does a learning pupil typically receive their educational funding Summary?

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

Raise your hand if you hate waiting…

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April 1st, while right across the corner, probably is like a million miles away for the people waiting to hear from colleges. We get it…the waiting game is the worst! Check out basic ideas of how you can pass the time while we summary the process on our end.

  1. Cross one thing off your high school bucket list

Can there be something you’ve constantly wanted to do but just haven’t gotten around to actually doing in high school? Now’s your chance. Get up to a volleyball or basketball game. Audition for the springtime musical. Try that restaurant friends and family have been speaking about. Play in the battle of the 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 move out there and explore what’s going on at your college before you head down to university.

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

Absolutely nothing states procrastination like college sports. March Madness, especially, is one of the most readily useful techniques to occupy your time. You can find baseball games nearly daily, 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. Always check our Harry Potter at Universal Studios if you should be in Los Angeles

If you are native to Los Angeles, or happen to be into the community, get check always out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I individually can not wait to visit Ollivander’s to locate my wand, drink a butterbeer during the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if i am really fortunate, I might encounter a Basilisk and find out 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 having a fun outfit that is green avoid the pinches of your buddies. We can all enjoy being Irish for the day! J

  1. Do a little spring cleansing down with the old in with this new

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

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