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

Mythbus<span id="more-590272"></span>ter: I didn’t get a scholarship, so USC is not going to be economically feasible

Over 30,000 students used to USC for our merit based scholarship consideration. The procedure is highly competitive, and only 1,200 students will be considered for the scholarships. Students often think which they can’t afford USC without a scholarship, but that could maybe not be true! I sat down with Danny Finlay, Assistant Director of Outreach for school funding, to set the record right and get additional information on how USC can be affordable.

Jessica: Students usually confuse the difference between merit need and aid based aid. Might you make clear the 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 only type of merit based aid, and they are maybe not awarded by the Financial Aid Office. Need based help is given to students based entirely on their family’s demonstrated economic need. Facets such as good grades or test scores 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 amounts of money that will have to be paid back to the government that is federal. A grant is definitely an award that doesn’t need to be paid back. Work-Study is just a form of financial aid that allows students to keep 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 student will receive?

D: The Financial Aid office will need students to submit two separate financial aid applications. The application that is first the FAFSA form, which is found 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 forms will collect data on the student’s and parents’ income, assets, and opportunities so the school funding office can obviously see the financial situation of a student’s household. Once these forms are examined the student will then receive a figure that specifies their household’s determined anticipated Family Contribution (EFC), or the quantity their family is anticipated to contribute toward their educational costs for that particular educational year. As we have a student’s determined monetary need we can then fund them with need based aid (funds, Loans, and Work-Study) to protect this need. Only at USC provided that the pupil applies on time, we will fill this USC determined need that is financial% with need based aid.

J: When does a learning student typically receive their school funding Overview?

D: As long as a student applies by the Financial Aid deadline, they should receive a school funding award summary within 1 or 2 weeks after receiving an admission choice.

Raise your hand if you hate waiting…

April 1st, while right around the corner, probably feels as though a million kilometers away for all those waiting to know from colleges. We get it game that is…the waiting the worst! Here are some basic ideas of ways to pass the time while we wrap up the process on our end.

  1. Cross something off your high school bucket list

Will there be something you have always desired to do but just have actuallyn’t gotten around to actually doing in high college? Now’s your chance. Go to a baseball or volleyball game. Audition for the springtime musical. Try that restaurant friends have been referring to. Play in the battle for 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 move out here and explore what are you doing at your school before you go off to college.

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

Nothing says procrastination like college sports. March Madness, especially, is among the most readily useful ways to occupy your time. You will find baseball games nearly daily, when you’re not watching, you can obsess over your bracket and those of your rivals. Get excited young ones, this is one of my favorite sporting events of this year!

  1. Always check our Harry Potter at Universal Studios if you are in Los Angeles

If you are native to Los Angeles, or are actually within the community, get check out Hogworts and the Wizarding World that is magical of Potter at Universal Studios. I physically can shmoop.pro 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 am really fortunate, I may encounter a Basilisk and discover my patronus against a dementor.

  1. Plan a St. Patricks party day

Nothing says fun quite like green jello and party hats. Go enjoy a shamrock shake and beef that is corned with mustard. Get in the spirit by having a fun green outfit to avoid the pinches of the friends. We can all enjoy being Irish for the afternoon! J

  1. Do some springtime cleansing out with the old in with this 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 right time like the present to begin going right on through your wardrobe to clean things down. Create a few extra dollars by detailing your good stuff on Tradesy, and give the rest of Goodwill. Your moms and dads will thank you whenever you transfer for taking everything with you!