Didn't submit a Financial Statement Letter

<p>I just created a USConnect account and realized that I didn't submit a Financial Statement Letter (since I'm applying as an international student). Does that mean my application is invalid, and I will not be considered for merit scholarships? Also, I'm receiving my green card in the next two months so would that change anything?</p>

<p>What it means is that USC cannot send a letter of admission (and, if applicable, an invitation to interview for a scholarship) until and unless you submit a Financial Statement showing that you can pay for your first year at USC. It does NOT mean that your application is invalid or that you are not being considered for scholarships.</p>

<p>Don’t wait for your green card - submit your letter of financial support as soon as possible. If you can only afford USC WITH a scholarship, immediately contact admissions and ask how to proceed. Again, a letter of admission cannot be sent until the Financial Statement is submitted. If you wait for two months, any possibility of the Trustee or Presidential will be gone because the interviews will have already taken place.</p>

<p>Once you get your green card, you might be eligible for need-based aid. I recommend starting the FAFSA and CSS/Profile and gathering the required information in anticipation of getting the green card so you are ready to submit as soon as it is official. At that time also contact admissions and inform them that you are officially a permanent resident. If you were unable to submit the Financial Statement, at that point USC WOULD be able to send a letter of admissions based on your status as a permanent resident.</p>

<p>Good luck, and keep us updated on how it goes.</p>

<p>thank you so much. I was really scared that this was going to make my application invalid, as I really want to attend USC. I’m going send in the forms right now and hope that I can somehow still qualify for scholarships.</p>

<p>One more question: My parents don’t have enough money in the bank for Bank of America to be able to sign off on the form. However, my dad’s income is around 100k and he would be able to support the cost. Would sending in his tax forms instead of a banking statement be suffice for proof of support?</p>

<p>Send both.</p>

<p>Fill out the form with the balance that your parents DO have on deposit. Put parent info in the “sponsor” section and the current balance in all their accounts combined in the “Yearly Amount of Support in the US” section.</p>

<p>Include last year’s tax forms and a W-2 for 2011 if available.</p>

<p>Write up a statement saying that the bank balance AND income together will be used to pay USC expenses. If your parents would qualify for a loan (home equity, unsecured, etc.), ask if the bank will provide a signed pre-approval form. *Note: I do NOT recommend any of those debts, that would just be to secure a the financial support form in hopes that a scholarship and/or financial aid would be available later in the process. To be honest, $100,000/year is not sufficient to cover $56,000 per year in college expenses AND support a family in northern California.</p>

<p>You might also consider writing up a budget sheet with all your family expenses to show that there will be enough excess income to cover costs.</p>

<p>Good luck!</p>