<p>Sorry if this question has been asked before, but I want to know will I be able to get loans to attend SC for two years?</p>
<p>I am planning to transfer to USC but my parents still make a lot that it is unlikely I will get any grants or financial aid in which I dont have to pay back. They also are not willing to pay for the cost of 2 years at USC.</p>
<p>I tried the financial aid calculator through the USC financial aid website and all it told me was that I get a $5500 loan which nowhere near the amount</p>
<p>So did past students have success with getting sufficient loans through USC/FAFSA. I am trying to avoid private loans or loans that require parents' signature?</p>
<p>All college students are eligible for Federal Direct Loans if you file the FAFSA. It is 7,500 each for Jr and Sr years. So unless you get some university or outside scholarship that is eligible for transfer students, you won’t be able to attend. There is no other loan you can get without a cosigner.</p>
<p>I am just trying to avoid the co-signer issue because if something happens to me while I am repaying the loans, I don’t want my parents to face the loans since someone has to repay.</p>
<p>The loans you want don’t exist especially in the gigantic sum USC requires, agree with BrownParent. Someone with assets has to be on the hook for the loan, thus a cosigner. Maybe something in the private sector doesn’t need a co-sign, but if that exists, you will be messing with your credit for the long run should you default. Might be better to look at more affordable options, if your parents are going to help at all, hopefully you have some criteria to follow so you can move forward with realistic expectations. Good luck.</p>
<p>One option to lessen USC costs is to go to a CC and then transfer to USC. That worked for our D and really trimmed off 3 semesters of tuition. Some folks go to CC for 4 semesters, which can be a bigger savings. If you may go that route, you can have help with the USC admissions advisors to be sure your courses will transfer.</p>
<p>Be sure that you and your family can fully afford the tuition and expenses of USC. Merit and FAid may not be as much as you may hope for or expect and in these economic times, it is important NOT to over-extend yourself and your loved ones by taking on crushing debt.</p>