<p>I honestly do not know much about financial aid, nor do I know if what you've read is true, mostly because of the fact that I am not yet a junior. However, I know that USC stands by its claim that they will fulfill 100% of your need, whatever that means. Sorry I can't be of anymore help.</p>
<p>By rank, the Viterbi school of engineering ranks higher than the Jacobs school at UCSD, however, rank does not tell the whole story. Trying to be as objective as possible, I think USC's Chem. Engineering program has a slight edge, first, because the Mork Family donated a HUGE sum of money to the chemical engineering program to upgrade equipment and programs, so your future looks especially bright. Second, we're supported by lots of companies such as Chevron, who's always on campus recruiting, sponsoring our yearly Engineering Career Conference, and giving overall support to students.</p>
<p>Not only that, but I was looking at the chem. engineering website, and the department has a whopping 9 research centers, with support from the DOE, NSF, NASA, DOD, etc. That means lots of opportunities for you to do research with your professor as an undergrad and chances also to get involved with the industry.</p>
<p>At this point, I recommend you choose your housing ASAP and turn in your deposit, even if you end up deciding to go elsewhere.</p>
<p>For housing, it's really a matter of preference, but apartments aren't always cheaper, because you have to account for extra food. If you want to meet people, choose the dorms. Overall, all the dorms are good for both studying and socializing, but from what I hear, Trojan Hall is the most quiet. I'm in North, which is said to probably be the most social out of all of them, and I'm a Biomedical-Electrical Engineer, which is said to be one of the hardest majors at USC, and I've been able to keep a balance of studying and socializing (as do the other 7-8 engineers in my hall).</p>