Over 30,000 students applied to USC for our merit based scholarship consideration. The method is extremely competitive, and only 1,200 pupils is considered for the scholarships. Pupils often think they can’t afford USC without a scholarship, but that will perhaps not be true! I sat shmoop pro down with Danny Finlay, Assistant Director of Outreach for educational funding, to set the record straight and get extra information on how USC can be affordable.
Jessica: pupils usually confuse the difference between merit need and aid based aid. Could you simplify 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 kind of merit based aid, and are also not awarded by the Financial Aid Office. Require based help is directed at students based entirely on their family’s demonstrated economic need. Factors such as for example good grades or test ratings don’t play into awarding students need based help.
J: What are the different kinds of Financial help?
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 federal government. A grant is definitely an award that will not need to be paid back. Work-Study is just a type of financial aid that allows students to hold jobs that are part-time purchase to earn cash to help finance their education.
J: How does the Financial help office determine how aid that is much student will get?
D: The Financial Aid office will need students to submit two separate monetary aid applications. The application that is first the FAFSA kind, which is found at FAFSA.ed.gov. The application that is second students must submit could be the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These kinds will collect data on the student’s and parents’ earnings, assets, and investments so that the aid that is financial can clearly see the financial situation of a student’s family members. Once these forms are examined the student will then receive a figure that specifies their family’s determined Expected Family Contribution (EFC), or the total amount their family is expected to contribute toward their educational costs 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. Only at USC so long as the student applies on time, we are going to fill this USC determined financial need 100% with need based help.
J: When does a learning pupil typically get their educational funding Summary?
D: As long as a student applies by the educational funding deadline, they should receive an aid that is financial summary within one to two weeks after receiving an admission decision.
Raise your hand if you hate waiting…
April 1st, while appropriate around the part, probably feels as though a million miles away for the people waiting to listen to from colleges. We get it game that is…the waiting the worst! Here are some basic ideas of how you can pass the time while we wrap up the process on our end.
- Cross something off your high school bucket list
Will there be something you’ve constantly 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 spring musical. Try that restaurant friends have been speaing frankly about. Play in the battle associated with 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 get out there and explore what’s happening at your college before you go down to college.
- Join a March Madness pool or create one with friends
Absolutely nothing states procrastination like college sports. March Madness, especially, is one of the most readily useful methods to occupy your time. You will find baseball games almost daily, when you’re not watching, you can obsess over your bracket and those of your rivals. 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’re in LA
If you’re indigenous to Los Angeles, or are actually in the community, get check always out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I physically can’t wait to visit Ollivander’s to locate my wand, drink 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.
- Arrange a St. Patricks party day
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 outfit that is green avoid the pinches of one’s buddies. We can all enjoy being Irish for the day! J
- Do some spring cleansing down with the old in with the brand new
You’re about the head down to college and will be packing up most of your belongings to create with you. There is no time like the present to start going right through your wardrobe to clean things out. Make a few extra dollars by listing your good stuff on Tradesy, and supply the rest of Goodwill. Your moms and dads will thank you when you re-locate for taking everything with you!