Over 30,000 students applied to USC for our merit based scholarship consideration. The process is extremely competitive, and only 1,200 pupils will be considered for the scholarships. Students often think they can not afford USC without a scholarship, but that may 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 need and aid based aid. Would you clarify the distinction?
Danny: Merit based aid is cash awarded up 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 maybe not awarded by the Financial Aid Office. Require based aid is given to students based https://shmoop.pro/ solely on their family members’ demonstrated financial need. Factors such as for instance good grades or test ratings don’t play into awarding students need based help.
J: exactly what are the various kinds of Financial Aid?
D: There are some different types of need based aid- Loans, Grants, and Work-Study. Loans are quantities of money that will need to be compensated back to the federal government. A grant is definitely an award that will not need to be paid back. Work-Study is just a as a type of financial aid that enables students to put on jobs that are part-time order to make money to aid finance their education.
J: How does the Financial help office determine how much aid a pupil will receive?
D: The Financial Aid office will need students to submit two separate monetary aid applications. The very first application is the FAFSA form, which is found 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 types will collect information in the student’s and parents’ income, assets, and assets so the school funding office can clearly see the financial situation of the student’s family members. Once these forms are evaluated the pupil will likely then receive a figure that specifies their family members’s determined Expected Family Contribution (EFC), or the quantity their loved ones is anticipated to contribute toward their educational costs for that particular academic 12 months. Even as 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 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 Financial Aid Summary?
D: As long as a student applies by the educational funding 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 right across the part, probably feels like a million miles away for all waiting to know from colleges. We obtain it…the waiting game is the worst! Below are a few basic ideas of how you can pass the time while we wrap up the procedure on our end.
- Cross something off your high school bucket list
Will there be something you have always desired 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 now been speaking about. Enjoy in the battle associated with bands. You are a senior and leader on campus. If you produce a fool of yourself, individuals is only going to think you’re more pleasurable. So get out here and explore what’s going on at your school before you go off to university.
- Join a March Madness pool or create one with friends
Absolutely nothing states procrastination like college sports. March Madness, especially, is one of the best how to occupy your time. You can find baseball games almost daily, so when you’re not watching, you can obsess over your bracket and those of your competitors. Get kids that are excited this is one of my favorite sporting events regarding the year!
- Check our Harry Potter at Universal Studios if you are in Los Angeles
If you are native to Los Angeles, or are within the neighborhood, get check always out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I individually can’t wait to visit Ollivander’s to find my wand, take in 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 discover my patronus against a dementor.
- Plan a St. Patricks day party
Nothing says fun quite like green party and jello caps. Go 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 friends. We can all enjoy being Irish for the afternoon! J
- Do some spring cleansing down with the old in with the newest
You’re in regards to the head down to college and will likely be packing up most of your belongings to bring with you. There’s no right time like the present to start going right on through your closet to clean things away. Create a few extra bucks by listing your stuff that is nice on, and supply the rest of Goodwill. Your parents will thank you whenever you transfer for taking everything with you!