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

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

Jessica: Students often confuse the difference between merit aid and need based aid. Would you make clear the distinction?

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 are not awarded by the Financial Aid Office. Require based help is provided to students based solely on their family’s demonstrated need that is financial. Facets such as good grades or test ratings don’t play into awarding students need based help.

J: What are different kinds of Financial Aid?

D: There are some 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 authorities. A grant is definitely an award that will not need to be paid back. Work-Study is just a as a type of educational funding that permits students to put on jobs that are part-time order to earn money to help finance their education.

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

D: The Financial Aid office will need students to submit two separate monetary aid applications. The application that is first the FAFSA type, which are available at The application that is second students must submit is the College Scholarship Service Profile form (CSS Profile) at These types will collect information on the pupil’s and parents’ earnings, assets, and assets so that the aid that is financial can plainly see the financial situation of a student’s family. Once these forms are evaluated the student will likely then receive a figure that specifies their family’s determined anticipated Family Contribution (EFC), or the quantity their family is anticipated to contribute toward their educational charges for that particular year that is academic. Once we have a pupil’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 as long as the student applies on time, we shall fill this USC determined need that is financial% with need based help.

J: When does student typically get their school funding Summary?

D: As long as a student applies by the school funding deadline, they should receive a financial aid award summary within 1 to 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 miles away for all those waiting to know from colleges. We have it…the waiting game is the worst! Here are some basic ideas of tips on how to pass the time while we summary the procedure on our end.

  1. Cross one thing off your high school bucket list

Is there something you have always 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 spring musical. Try that restaurant friends have been talking about. Enjoy in the battle of this 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 escape here and explore what’s happening at your school before you go down to college.

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

Absolutely nothing states procrastination like college sports. March Madness, especially, is one of the best ways to occupy your time. You can find basketball games nearly daily, when you are not viewing, you can obsess over your bracket and those of your rivals. Get excited children, this is one of my favorite sporting events of the year!

  1. Check our Harry Potter at Universal Studios if you should be in LA

If you are native to Los Angeles, or are already within the community, go check out Hogworts and the magical Wizarding World of Harry Potter at Universal Studios. I myself can’t wait to visit Ollivander’s to locate 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 may encounter a Basilisk and learn my patronus against a dementor.

  1. Plan a St. Patricks day party

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

  1. Do a little spring cleansing down with the old in with the latest

You’re about the head off to college and will be packing up most of your belongings to bring with you. There’s no right time like the present to start going through your wardrobe to clean things down. Create a few extra dollars by detailing your nice stuff on Tradesy, and provide the rest of Goodwill. Your moms and dads will thank you once you transfer to take everything with you!