Over 30,000 students used to USC for our merit based scholarship consideration. The method is highly competitive, and only 1,200 pupils is going to be considered for the scholarships. Students often think which they can not afford USC without a scholarship, but which will perhaps not be true! I sat down with Danny Finlay, Assistant Director of Outreach for Financial Aid, 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 make clear the distinction?
Danny: Merit based help is money awarded to a student based on a compelling admission application that demonstrates significant achievements. Scholarships are the type that is only of based aid, and tend to be perhaps not awarded by the Financial Aid Office. Require based help is provided to students based solely on their family members’ demonstrated need that is financial. Factors such as for example good grades or test scores don’t play into awarding students need based help.
J: exactly what are the different types of Financial Aid?
D: There are some different types of need based aid- Loans, Grants, and Work-Study. Loans are quantities of money that may need to be compensated back to the government that is federal. A grant is an award that does not need to be paid back. Work-Study is really a type of school funding that permits students to put up jobs that are part-time purchase to earn money to aid fund their education.
J: How does the Financial Aid office determine how much aid a pupil will get?
D: The Financial Aid office will need students to submit two separate financial aid applications. The very first application is the FAFSA kind, which can be located at FAFSA.ed.gov. The second application that students must submit could be the College Scholarship Service Profile type (CSS Profile) at collegeboard.com. These types will collect information regarding the pupil’s and parents’ income, assets, and opportunities so the educational funding office can plainly see the financial situation of a student’s household. Once these forms are assessed the student will likely then receive a figure that specifies their household’s determined anticipated Family Contribution (EFC), or the amount their family is expected to contribute toward their educational prices for that particular academic year. After we have a student’s determined need that is financial can then fund them with need based aid (Grants, Loans, and Work-Study) to cover this need. Here 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 pupil typically get their school funding Summary?
D: As long as a student applies by the educational funding deadline, they should receive an aid that is financial summary within 1 or 2 weeks after receiving an admission choice.
Raise your hand if you hate waiting…
April 1st, while appropriate across the corner, probably feels like a million miles away for anyone waiting to hear from colleges. We obtain it…the waiting game is the worst! Below are a few basic ideas of tips on how to pass the time while we wrap up the process on our end.
- Cross one thing off your school bucket that is high list
Will there be something you have always wanted to do but just haven’t gotten around to actually doing in high school? Now’s your chance. Go up to a basketball or volleyball game. Audition for the springtime musical. Try that restaurant your pals have now been speaking about. Play in the battle for the bands. You are a senior and frontrunner on campus. Yourself, people will only think you’re more fun if you make a fool of. Therefore move 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 your friends
Absolutely nothing states procrastination like college sports. March Madness, especially, is among the most useful methods to occupy your time. You will find baseball games almost daily, when you are not viewing, you can obsess over your bracket and those of your rivals. Get kids that are excited this is one of my favorite sporting events for the year!
- Always check our Harry Potter at Universal Studios if you’re in Los Angeles
If you should be indigenous to Los Angeles, or are already within the community, go always check out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I actually can not wait to visit Ollivander’s to locate my wand, take in a butterbeer during the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if I’m really fortunate, I may encounter a Basilisk and discover my patronus against a dementor.
- Arrange a St. Patricks party day
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 one’s buddies. We can all enjoy being Irish for the afternoon! J
- Do a little spring cleansing down with the old in with the newest
You’re in regards to the head down to college and will likely be packing up most of your belongings to create with you. There is no time like the present to start going right through your closet to clean things down. Create a few extra bucks by detailing your stuff that is nice on, and give the rest of Goodwill. Your parents will thank you whenever you re-locate for taking everything with you!