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

Over 30,000 students applied to USC for our merit based scholarship consideration. The method is extremely competitive, and only 1,200 pupils are going to be considered for the scholarships. Students often think that they can’t afford USC without a scholarship, but which could perhaps not be true! I sat down with Danny Finlay, Assistant Director of Outreach for Financial Aid, to set the record right and get more info on how USC can be affordable.

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

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

J: What are the various kinds of Financial help?

D: There are a few different types of need based aid- Loans, Grants, and Work-Study. Loans are quantities of money which will have to be paid back to the government. A grant is an award that doesn’t need to be paid back. Work-Study is just a kind of financial aid that enables students to keep part-time jobs in purchase to earn cash to aid fund their education.

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

D: The Financial Aid office will need students to submit two separate financial aid applications. The application that is first the FAFSA kind, which can be located at The second application that students must submit may be the College Scholarship Service Profile type (CSS Profile) at These forms will collect data regarding the pupil’s and parents’ income, assets, and investments so that the aid that is financial can obviously see the financial situation of a student’s family members. Once these forms are examined the pupil will likely then receive a figure that specifies their family’s determined anticipated Family Contribution (EFC), or the quantity their loved ones is anticipated to contribute toward their educational prices for that particular academic year. Even as we have a student’s determined need that is financial can then fund them with need based aid (funds, Loans, and Work-Study) to cover this need. Only at USC so long as the student applies on time, we’ll fill this USC determined need that is financial% with need based help.

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

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

Raise your hand if you hate waiting…

April 1st, while appropriate across the part, probably is like a million kilometers away for people waiting to know from colleges. We get it…the waiting game is the worst! Here are a few 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

Is there something you have constantly desired to do but just haven’t gotten around to actually doing in high college? Now’s your chance. Get to a basketball or volleyball game. Audition for the spring musical. Try that restaurant friends are dealing with. Enjoy in the battle for the bands. You’re a senior and frontrunner on campus. If you create a fool of yourself, individuals is only going to think you are more enjoyable. So move out here and explore what’s going on at your college before you go down to college.

  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 ways to occupy your time. You can find basketball games almost daily, so when you are not viewing, you can obsess over your bracket and those of your rivals. Get kids that are excited this is one of my favorite sporting events for the year!

  1. Check our Harry Potter at Universal Studios if you are in Los Angeles

If you should be indigenous to Los Angeles, or are already into the neighbor hood, go always check out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I personally can’t wait to visit Ollivander’s to find my wand, take in 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. Plan a St. Patricks party day

Nothing says fun quite like green jello and party caps. Get enjoy a shamrock shake and beef that is corned with mustard. Get in the spirit by 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 some springtime cleaning out with the old in with this new

You’re concerning the head down to college and will be packing up likely most of your belongings to create with you. There is no time like the present to start out going right through your cabinet to clean things down. Make a few extra dollars by listing your nice stuff on Tradesy, and give the rest of Goodwill. Your parents will thank you when you re-locate to take everything with you!

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