Affording USC

[alamemom]

<p>I am sorry your family is going through this crisis at the stressful college application time - I am sure that makes all of this even more stressful. </p>

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@Mike9o9

I am in-state

USC is private, so instate or out of state pay the same. The current approximate yearly cost of attendance is $65,111 <a href=“http://www.usc.edu/admission/fa/applying_receiving/undergraduates1/costs.html”>http://www.usc.edu/admission/fa/applying_receiving/undergraduates1/costs.html&lt;/a&gt;&lt;/p&gt;

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@Mike9o9

did not file for FAFSA

To be considered for need-based aid at USC, you must file the CSS/Profile, the FAFSA and submit tax information. If your EFC is too high to be considered for need-based aid but you are interested in Stafford unsubsidized student loans or Parent PLUS loans, you must file the FAFSA.</p>

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@Mike9o9

As it turns out, my father was diagnosed with cancer and then had to quit working.

I am sorry your family is going through this. As you note, your 2014-2015 financial aid will be calculated using your family’s 2013 financial information and income. If your EFC is above USC’s cost of attendance it is unlikely need-based aid will be awarded, but with a documented job loss there may be an adjustment. </p>

<p>I caution that the current year adjustment would likely be small. In future years, your aid would be calculated on the previous year’s information and if your father continues to b e unemployed, your income may be low enough to qualify for some need-based aid. Remember that the CSS/Profile will consider assets the FAFSA does not, including home equity, so even with a job loss your aid may be lower because of those assets.</p>

<p>To be considered for ANY need-based aid, you should IMMEDIATELY fill out the FAFSA, CSS/Profile and submit tax information. If your parents prefer not to divulge that information, you will not be considered for ANY need-based aid regardless of your father’s health or employment status. None.</p>

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@Mike9o9

but was wondering if USC has ever offered merit aid to those apps sent after the deadline.

Only those who submitted their application by the scholarship deadline are considered for merit aid as freshmen.

@Mike9o9

Finally, if anyone knows how feasible continuing student scholarships are for obtaining, then I’d like to know

In future years, continuing student scholarships may be a possibility. In general, continuing student scholarships range from $1,000 - $5,000 and most are for one year only. Some may be renewed by application each year.</p>

<p>Best of luck.</p>