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

Over 30,000 students used to USC for our merit based scholarship consideration. The procedure is very competitive, and only 1,200 pupils are considered for the scholarships. Pupils often think which they can’t afford USC without a scholarship, but that will perhaps not be true! I sat down with Danny Finlay, Assistant Director of Outreach for Financial Aid, to set the record straight and get more info on how USC can be affordable.
Jessica: Students usually confuse the difference between merit need and aid based aid. Would you explain the difference?
Danny: Merit based help is money awarded to a student based on a compelling admission application that demonstrates significant achievements. Scholarships are the type that is only of based aid, and they are perhaps not awarded by the Financial Aid Office. Need based aid is directed at students based solely on their family members’ demonstrated need that is financial. Factors such as good grades or test scores don’t play into awarding students need based aid.
J: exactly what are different kinds of Financial help?
D: There are many different types of need based aid- Loans, Grants, and Work-Study. Loans are quantities of money which will need to be paid back to the government that is federal. A grant can be an award that will not need to be paid back. Work-Study is a kind of educational funding that allows students to hold jobs that are part-time purchase to earn money to simply help fund 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 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 could be the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These forms will collect data in the pupil’s and parents’ income, assets, and assets so that the school funding workplace can plainly see the financial situation of a student’s family members. Once these forms are assessed the student will then receive a figure that specifies their family members’s determined Expected Family Contribution (EFC), or the amount their loved ones is anticipated to contribute toward their educational costs for that particular academic year. Once we have a pupil’s determined economic need we can then fund them with need based aid (Grants, Loans, and Work-Study) to protect this need. Here at USC provided that the pupil applies on time, we will fill this USC determined economic need 100% with need based aid.
J: When does pupil typically get their Financial Aid Summary?
D: As long as a student applies by the Financial Aid deadline, they should receive a educational funding award summary within 1 to 2 weeks after receiving an admission decision.
Raise your hand if you hate waiting…
April 1st, while right around the part, probably is like a million miles away for people waiting to know from colleges. We obtain it game that is…the waiting the worst! Here are some ideas of how you can pass the time while we summary the process on our end.
- 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 college? Now’s your chance. Go to a basketball or volleyball game. Audition for the spring musical. Try that restaurant friends have now been speaing frankly about. Enjoy in the battle of this bands. You are a senior and leader on campus. Yourself, people will only think you’re more fun if you make a fool of. So move out there and explore what’s going on at your college before you head off to college.
- Join a March Madness pool or create one with your friends
Absolutely nothing states procrastination like college sports. March Madness, especially, is among the best approaches to occupy your time. There are baseball games almost daily, so when you’re not viewing, you can obsess over your bracket and those of your rivals. Get kids that are excited this is one of my shmoop free essay writing service favorite sporting events for the year!
- Check always our Harry Potter at Universal Studios if you’re in LA
If you are indigenous to Los Angeles, or are within the neighbor hood, go check out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I personally can’t 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 am really fortunate, I may encounter a Basilisk and discover my patronus against a dementor.
- Plan a St. Patricks party day
Nothing says fun quite like green party and jello hats. Go enjoy a shamrock shake and corned beef sandwich with mustard. Get in the spirit having a fun green outfit to avoid the pinches of your buddies. We can all enjoy being Irish for the day! J
- Do some springtime cleansing down with the old in with the newest
You’re in regards to the head down to college and will be packing up likely most of your belongings to bring with you. There is no time like the present to start out going right on through your closet to clean things down. Make a few extra bucks by listing your nice stuff on Tradesy, and provide the rest of Goodwill. Your moms and dads will thank you once you transfer for taking everything with you!