Over 30,000 students applied to USC for our merit based scholarship consideration. The process is very competitive, and only 1,200 pupils will likely be considered for the scholarships. Pupils often think that they can not afford USC without a scholarship, but that may maybe not be true! I sat down with Danny Finlay, Assistant Director of Outreach for educational funding, to set the record straight and get additional information on how USC can be affordable.
Jessica: pupils often confuse the difference between merit need and aid based aid. Could you make clear the difference?
Danny: Merit based help is money awarded up to a student based on a compelling admission application that demonstrates significant achievements. Scholarships are the only kind of merit based aid, and therefore are maybe not awarded by the Financial Aid Office. Need based help is fond of 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 help.
J: exactly what are the different types of Financial help?
D: There are many various types of need based aid- Loans, Grants, and Work-Study. Loans are levels of money that may need certainly to https://shmoop.pro/ be paid back to the government that is federal. A grant is definitely an award that will not need to be paid back. Work-Study is really a type of educational funding that allows students to hold part-time jobs in purchase to earn cash to greatly help finance their education.
J: How does the Financial Aid office determine how aid that is much pupil will receive?
D: The Financial Aid office will need students to submit two separate monetary aid applications. The application that is first the FAFSA kind, which can be located 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 forms will collect data on the student’s and parents’ earnings, assets, and assets and so the educational funding office can demonstrably see the financial situation of a student’s family. Once these forms are examined the student will likely 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 year that is academic. As we have a student’s determined financial need we can then fund them with need based aid (Grants, Loans, and Work-Study) to protect this need. Only at USC provided that the student applies on time, we shall fill this USC determined need that is financial% with need based help.
J: When does student typically receive their school funding Summary?
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 decision.
Raise your hand if you hate waiting…
April 1st, while appropriate around the part, probably feels like a million miles away for people waiting to hear from colleges. We obtain it game that is…the waiting the worst! Here are a few basic ideas of ways to pass the time while we summary the procedure on our end.
- Cross something off your high school bucket list
Is there something you have always wanted to do but just haven’t gotten around to actually doing in high school? Now’s your chance. Go to a volleyball or basketball game. Audition for the spring musical. Try that restaurant friends have now been discussing. Play in the battle for the bands. You are a senior and leader on campus. Yourself, people will only think you’re more fun if you make a fool of. Therefore escape there and explore what’s going on at your college before you go off to university.
- Join a March Madness pool or create one with your friends
Absolutely nothing says procrastination like college sports. March Madness, especially, is one of the most readily useful ways to occupy your time. You will find basketball games nearly 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 the year!
- Check our Harry Potter at Universal Studios if you are in LA
If you’re native to Los Angeles, or happen to be within the community, go always check out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I really 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 may encounter a Basilisk and learn my patronus against a dementor.
- Plan a St. Patricks day party
Nothing says fun quite like green jello and party caps. Get 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 the buddies. We can all enjoy being Irish for your day! J
- Do a little spring cleaning down with the old in with the new
You’re about the head off to college and will be packing up likely most of your belongings to bring with you. There is no right time like the present to begin going through your cabinet to clean things away. Create a few extra dollars by listing your nice stuff on Tradesy, and give the rest of Goodwill. Your moms and dads will thank you once you move out to take everything with you!