Over 30,000 students applied to USC for our merit based scholarship consideration. The procedure is very competitive, and only 1,200 students will likely be considered for the scholarships. Students often think that they can’t afford USC without a scholarship, but that will maybe not be true! I sat down with Danny Finlay, Assistant Director of Outreach for school funding, to set the record right and get extra information on how USC can be affordable.
Jessica: Students frequently confuse the difference between merit need and aid based aid. Could you clarify the difference?
Danny: Merit based help is money awarded to a student based for a compelling admission application that demonstrates significant achievements. Scholarships are the only type of merit based aid, and they are perhaps not awarded by the Financial Aid Office. Need based aid is fond of students based solely on their family members’ demonstrated economic need. Factors such as for instance good grades or test scores don’t play into awarding students need based help.
J: What are different kinds of Financial help?
D: There are a few various types of need based aid- Loans, Grants, and Work-Study. Loans are amounts of money which will need to be compensated back to the government that is federal. A grant is definitely an award that doesn’t need to be paid back. Work-Study is a as a type of educational funding that allows students to put up part-time jobs in purchase to make cash to simply help finance their education.
J: How does the Financial Aid office determine how aid that is much student 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 kind, which can be found at FAFSA.ed.gov. The application that is second students must submit may be the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These kinds will collect data regarding the pupil’s and parents’ earnings, assets, and investments so that the aid that is financial can demonstrably see the financial situation of the student’s family. Once these forms are examined the pupil will likely then receive a figure that specifies their family’s determined Expected Family Contribution (EFC), or the amount their family is anticipated to contribute toward their educational costs for that particular scholastic 12 months. 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. Only at USC as long as the student applies on time, we will fill this USC determined monetary 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 educational funding deadline, they should receive a financial aid award summary within one to two weeks after receiving an admission decision.
April 1st, while right across the part, probably feels like a million kilometers away for those waiting to know from colleges. We have it…the waiting game is the worst! Here are some ideas of ways to pass the time while we wrap up the procedure on our end.
Will there be something you have constantly desired to do but just have actuallyn’t gotten around to actually doing in high college? Now’s your chance. Get to a baseball or volleyball game. Audition for the springtime musical. Try that restaurant friends were discussing. Play in the battle for 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. So escape here and explore what’s happening at your college before you head down to university.
Absolutely nothing says procrastination like college sports. March Madness, especially, is among the best approaches to occupy your time. You will find baseball games nearly daily, and when you’re not watching, you can obsess over your bracket and those of your rivals. Get excited kids, this is one of my favorite sporting events regarding the year!
If you are indigenous to Los Angeles, or are in the neighbor hood, go check out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I personally can not wait to visit Ollivander’s to find my wand, drink a butterbeer at the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if i am really lucky, I might encounter a Basilisk and learn my patronus against a dementor.
Nothing says fun quite like green jello and party hats. Get enjoy a shamrock shake and beef that is corned with mustard. Get in the spirit by having a fun green outfit to avoid the pinches of the buddies. We can all enjoy being Irish for your day! J
You’re concerning the head off to college and will likely be packing up most of your belongings to create with you. There’s no time like the present to start out going through your wardrobe to clean things out. Create a few extra dollars by listing your stuff that is nice on, and give the rest of Goodwill. Your moms and dads will thank you once you re-locate to take everything with you!