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

Mythbuster: I didn’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 very competitive, and only 1,200 pupils are going to be considered for the scholarships. Pupils 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 school funding, to set the record straight and get additional information on how USC can be affordable.

Jessica: Students usually confuse the difference between merit aid and need based aid. Would you simplify 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 kind of merit based aid, and tend to be maybe not awarded by the Financial Aid Office. Need based aid is directed at students based entirely on their family members’ demonstrated need that is financial. Facets such as for example good grades or test ratings don’t play into awarding students need based help.

J: exactly what are different kinds of Financial Aid?

D: There are a few different types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money that will have to be paid back to the government that is federal. A grant can be an award that does not need to be paid back. Work-Study is a type of educational funding that permits students to put up part-time jobs in purchase to make cash to greatly help finance their education.

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

D: The Financial Aid office will need students to submit two separate monetary aid applications. The first application is the FAFSA type, which can be obtained at FAFSA.ed.gov. The second application that students must submit is the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These forms will collect information on the student’s and parents’ earnings, assets, and investments so that the aid that is financial can plainly see the financial situation of a student’s family. Once these forms are assessed the pupil will then receive a figure that specifies their household’s determined Expected Family Contribution (EFC), or the amount their family is anticipated to contribute toward their educational charges for that particular year that is academic. As we have a pupil’s determined economic need we can then fund them with need based aid (Grants, Loans, and Work-Study) to cover this need. Here at USC so long as the student applies on time, we are going to fill this USC determined financial need 100% with need based aid.

J: When does a learning pupil typically get their educational 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 to 2 weeks after receiving an admission decision.

Raise your hand if you hate waiting…

April 1st, while appropriate around the part, probably is like a million miles away for people waiting to hear from colleges. We obtain it…the waiting game is the worst! Here are a few basic ideas of tips on how to pass the time while we wrap up the procedure on our end.

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

Is there something you’ve constantly desired to do but just have actuallyn’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 your friends are referring to. Play in the battle regarding the bands. You are a senior and frontrunner on campus. If you produce a fool of yourself, individuals is only going to think you’re more enjoyable. Therefore get out here and explore what’s going on at your school before you go off to college.

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

Nothing says procrastination like college sports. March Madness, especially, is one of the most useful how to occupy your time. There are baseball games almost daily, 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 royal vegas casino sign up bonus of the year!

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

If you are native to Los Angeles, or happen to be into the neighborhood, go check always out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I individually can not 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 lucky, I might encounter a Basilisk and learn my patronus against a dementor.

  1. Arrange a St. Patricks party day

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

  1. Do a little spring cleansing out with the old in with the latest

You’re concerning the head off 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 start out going right through your wardrobe to clean things down. Create a few extra dollars by listing your stuff that is nice on, and supply the rest of Goodwill. Your parents will thank you whenever you move out for taking everything with you!

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