Over 30,000 students applied to USC for our merit based scholarship consideration. The method is extremely competitive, and only 1,200 students will be considered for the scholarships. Students often think that 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 educational funding, to set the record straight and get more information on how USC can be affordable.
Jessica: pupils usually confuse the difference between merit need and aid based aid. Might you make clear the huge difference?
Danny: Merit based aid is money 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 not awarded by the Financial Aid Office. Need based help is given to students based entirely on their family members’ demonstrated need that is financial. Facets such as good grades or test scores 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 can be an award that does not need to be paid back. Work-Study is really a form of educational funding that permits students to carry jobs that are part-time order to make money to simply help finance their education.
J: How does the Financial Aid office determine how aid that is much pupil will get?
D: The Financial Aid office will need students to submit two separate economic aid applications. The application that is first the FAFSA form, which is available at FAFSA.ed.gov. The application that is second students must submit is the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These forms will collect information regarding the student’s and parents’ https://shmoop.pro/ earnings, assets, and investments and so the educational funding workplace can plainly 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 members’s determined Expected Family Contribution (EFC), or the amount their family is anticipated to contribute toward their educational charges for that particular year that is academic. Once we have a student’s determined financial need we can then fund them with need based aid (funds, Loans, and Work-Study) to cover this need. Here at USC as long as the student applies on time, we’ll fill this USC determined need that is financial% with need based aid.
J: When does student typically receive 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 right across the corner, probably feels like a million kilometers away for those waiting to hear from colleges. We have it…the waiting game is the worst! Here are some ideas of ways to pass the time while we summary the procedure on our end.
- Cross one thing off your school bucket that is high list
Will there be something you’ve 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 your friends have already been speaing frankly about. Play in the battle regarding 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 here and explore what’s happening at your college before you head down to university.
- Join a March Madness pool or create one with your pals
Absolutely nothing claims procrastination like college sports. March Madness, especially, is amongst the most readily useful how to occupy your time. There are 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!
- Always check our Harry Potter at Universal Studios if you’re in Los Angeles
If you should be native to Los Angeles, or happen to be within the community, go 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 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 may encounter a Basilisk and learn my patronus against a dementor.
- Plan a St. Patricks day party
Nothing says fun quite like green party and jello caps. Get enjoy a shamrock shake and corned beef sandwich with mustard. Get in the spirit with a fun green outfit to avoid the pinches of the buddies. We can all enjoy being Irish for your day! J
- Do a little spring cleansing out with the old in with this new
You’re concerning the head down to college and will likely be packing up most of your belongings to create with you. There is no right time like the present to start going through your closet to clean things out. Create a few extra bucks by detailing your stuff that is nice on, and give the rest of Goodwill. Your parents will thank you when you move out for taking everything with you!