Mythbuster: I didn’t get a scholarship, so USC is not planning to be financially feasible

Mythbus<span id="more-17483"></span>ter: I didn’t get a scholarship, so USC is not planning to be financially feasible

Over 30,000 students applied to USC https://shmoop.pro/ for our merit based scholarship consideration. The process is highly competitive, and only 1,200 students will be considered for the scholarships. Pupils often think which they can’t afford USC without a scholarship, but that will maybe not be true! I sat down with Danny Finlay, Assistant Director of Outreach for Financial Aid, 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. Might you simplify the difference?

Danny: Merit based help is cash awarded to a student based for a compelling admission application that demonstrates significant achievements. Scholarships are the type that is only of based aid, and so are maybe not awarded by the Financial Aid Office. Require based help is provided to students based entirely on their family members’ demonstrated economic need. Factors such as for instance good grades or test scores don’t play into awarding students need based aid.

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 which will need to be compensated back to the authorities. A grant can be an award that does not need to be paid back. Work-Study is just a form of educational funding that allows students to carry jobs that are part-time purchase to make cash to greatly help fund their education.

J: How does the Financial help office determine how much aid a student will get?

D: The Financial Aid office will need students to submit two separate aid that is financial. The first application is the FAFSA type, which are available at FAFSA.ed.gov. The second application that students must submit may 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 assets so the aid that is financial can obviously see the financial situation of the student’s household. Once these forms are examined the pupil will then receive a figure that specifies their family members’s determined Expected Family Contribution (EFC), or the quantity their family is anticipated to contribute toward their educational costs for that particular year that is academic. If we have a student’s determined need that is financial can then fund them with need based aid (funds, Loans, and Work-Study) to protect this need. Only at USC as long as the student applies on time, we shall fill this USC determined need that is financial% with need based aid.

J: When does a learning student typically get their educational 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 across the part, probably feels as though a million kilometers away for those waiting to listen to from colleges. We have it game that is…the waiting the worst! Below are a few ideas of ways to pass the time while we wrap up the process on our end.

  1. Cross something off your school bucket that is high list

Will there be something you have constantly desired to do but just haven’t gotten around to actually doing in high college? Now’s your chance. Get to a baseball or volleyball game. Audition for the springtime musical. Try that restaurant your pals are speaking about. Play in the battle of the bands. You’re a senior and leader on campus. Yourself, people will only think you’re more fun if you make a fool of. So get out here and explore what’s happening at your school before you go off to college.

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

Absolutely nothing states procrastination like college sports. March Madness, especially, is one of the best methods to occupy your time. You can find baseball games almost daily, when you are not watching, you can obsess over your bracket and those of your competitors. Get excited young ones, this is one of my favorite sporting events for the year!

  1. Always check our Harry Potter at Universal Studios if you’re in LA

If you should be native to Los Angeles, or are actually into the neighborhood, get 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 find my wand, drink a butterbeer during the Three Broomsticks, and hang with Harry, Hermione, and Ron at Hogwarts. And if I’m really happy, I might encounter a Basilisk and discover my patronus against a dementor.

  1. Arrange 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 with a fun green outfit to avoid the pinches of your buddies. We can all enjoy being Irish for your day! J

  1. Do some springtime cleaning down with the old in with the new

You’re about the head down to college and will be packing up likely most of your belongings to create with you. There’s no time like the present to start going through your closet to clean things out. Create a few extra dollars by detailing your nice stuff on Tradesy, and provide the rest of Goodwill. Your parents will thank you once you move out for taking everything with you!

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