Mythbuster: i did son’t get a scholarship, so USC is not gonna be economically feasible

Mythbus<span id="more-8835"></span>ter: i did son’t get a scholarship, so USC is not gonna be economically feasible

Over 30,000 students applied to USC for our merit based scholarship consideration. The method is extremely competitive, and only 1,200 students is going to be considered for the scholarships. Students often think they can not afford USC without a scholarship, but that may not be true! I sat down with Danny Finlay, Assistant Director of Outreach for educational funding, to set the record right and get extra information on how USC can be affordable.

Jessica: Students usually confuse the difference between merit need and aid based aid. Could you clarify the distinction?

Danny: Merit based aid is money awarded up to a student based for a compelling admission application that demonstrates significant achievements. Scholarships are the only type of merit based aid, and are also maybe not awarded by the Financial Aid Office. Need based aid is fond of students based entirely on their family members‘ demonstrated economic need. Facets such as good grades or test ratings don’t play into awarding students need based help.

J: What are different types of Financial Aid?

D: There are many different types of need based aid- Loans, Grants, and Work-Study. Loans are amounts of money which will have to be paid back to the authorities. A grant is an award that will not need to be paid back. Work-Study is really a form of educational funding that permits students to put on part-time jobs in purchase to make money to aid 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 economic aid applications. The application that is first the FAFSA kind, which is found at FAFSA.ed.gov. The 2nd application that students must submit may be the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These types will collect data regarding the student’s and parents‘ earnings, assets, and investments so the school funding workplace can clearly see the financial situation of the student’s family. Once these forms are assessed the pupil will likely then receive a figure that specifies their family members’s determined Expected Family Contribution (EFC), or the total amount their loved ones is anticipated to contribute toward their educational charges for that particular year that is academic. Even as we have a student’s determined need that is financial can then fund them with need based aid (Grants, Loans, and Work-Study) to protect this need. Here at USC as long as the pupil applies on time, we will fill this USC determined monetary need 100% with need based aid.

J: When does student typically receive their educational funding Overview?

D: As long as a student applies by the school funding deadline, they should receive an aid that is financial summary within 1 to 2 weeks after receiving an admission choice.

Raise your hand if you hate waiting…

April 1st, while right around the part, probably feels like a million miles away for the people waiting to listen to from colleges. We get it…the waiting game is the worst! Below are a few ideas of how you can pass the time while we summary the procedure on our end.

  1. Cross one thing off your school bucket that is high list

Can there be something you have constantly wanted to do but just have actuallyn’t gotten around to actually doing in high college? Now’s your chance. Get up to a baseball or volleyball game. Audition for the spring musical. Try that restaurant friends have now been talking about. Enjoy in the battle for the bands. You are a senior and frontrunner on campus. If you create a fool of yourself, individuals is only going to think you are more enjoyable. So escape there and explore what’s going on at your school before you head down to university.

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

Nothing says procrastination like college sports. March Madness, especially, is one of the most readily useful approaches to occupy your time. You will find basketball games almost daily, and when you are not watching, you can obsess over your bracket and those of your competitors. Get excited kids, this is one of my favorite sporting events of this 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 shmoop.pro 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 am really lucky, I may encounter a Basilisk and find out my patronus against a dementor.

  1. Arrange a St. Patricks day party

Nothing says fun quite like green party and jello 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 your friends. We can all enjoy being Irish for the day! J

  1. Do a little spring cleansing down with the old in with this new

You’re in regards to the head down to college and will be packing up most of your belongings to create with you. There’s no right time like the present to start out going right through your cabinet to clean things down. Produce a few extra dollars by detailing 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!

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