FAQ for USC Financial Aid

<p>Bump. Remember to read the first few pages to see if your question is answered there!</p>

<p>Bump for packages posting. PLEASE read first three pages! LOTS of questions are answered there! THANKS!</p>

<p>(Many more answers can be found by browsing the rest of the eleven pages as well :slight_smile: )</p>

<p>An information-filled bump:</p>

<p>USC’s 2010-2011 estimated cost of attendance (COA): $55,578</p>

<p>[USC</a> Financial Aid - Applying & Receiving Financial Aid - Undergraduate - Costs](<a href=“http://www.usc.edu/admission/fa/applying_receiving/undergraduates1/costs.html]USC”>http://www.usc.edu/admission/fa/applying_receiving/undergraduates1/costs.html)</p>

<p>They seem to not have received my Custodial Parent Form, therefore I have to send it again. Alamemom you’re sure that because this form may be considered sent late, that I will not be penalized and receive a lower package than needed?</p>

<p>Assuming your FAFSA and CSS/Profile were submitted by March 2nd, you are an on-time applicant. It may take a bit longer before your package appears, but your aid will not be reduced because of a late form.</p>

<p>I know I’ve said this to you a lot alamemom, but thank you. This has reduced a lot of my stress even though waiting is really difficult.</p>

<p>You’re welcome :slight_smile: (And thanks for the thanks!) I am pleased to see that some of the packages have started appearing already - it seems a bit ahead of past years. But don’t worry if yours does not appear for a while - USC puts the aid packages up as they are completed rather than all at once. I do not know why.</p>

<p>It does not mean there is anything “wrong” with your aid application - just that they haven’t gotten to it yet!</p>

<p>Another info-bump: For those who would like to contact the Financial Aid Office to discuss your award, you may contact them by email, by mail or by phone. Contact info here: [USC</a> Financial Aid - Contact Us](<a href=“http://www.usc.edu/admission/fa/contact.html]USC”>http://www.usc.edu/admission/fa/contact.html)</p>

<p>Hey alamemom,</p>

<p>I have a question to ask you. While I am UNBELIEVABLY grateful for my USC grants offered to me (my EFC is only $29,000 a year instead of the ticket $55,000!), I was wondering if my family setting up an appointment or calling them would help lower my EFC: my twin brother will also be entering college next year, and another brother will be entering two years from now. Furthermore, another three will stagger in over the years as well (yes, I have a huge family!).</p>

<p>Do you think that it’s worth the call, or do they take that stuff into account when they make my aid package?</p>

<p>Of course, I’m not trying to avoid paying. I will be working to pay my education off, but my family agrees it’s worth it (I got into the screenwriting program at SCA).</p>

<p>Thanks so much!</p>

<p>Congratulations on your admission to Screenwriting!</p>

<p>When you filled out the FAFSA and CSS/Profile, there was a question concerning how many would be attending college in 2010-2011. If you and your brother will both be starting Fall 2010, the answer should have been “2.” (I can’t quite tell from your question if “next year” means Fall 2010 or Fall 2011.) You probably answered that question correctly, which is why you received more aid that you were expecting (Yay!). It cannot hurt to double-check with financial aid that they took that into account, though. As other siblings enter college, your EFC will be spread (not split - each will have a self-help portion) among all undergraduates under age 24.</p>

<p>For financial aid, it is a HUGE advantage to have more than one in college at the same time - your EFC is spread over the kids rather than being applied to each (see page one of this thread for more info). Keep in mind, though, that when one or more graduate, the advantage disappears.</p>

<p>For example: If your family were to go from having three in college at the same time and paying a total of $55,000 for all three, and two of those graduated, the following year the family would be expected to pay $55,000 just for that one student.</p>

<p>It is such a big advantage financial-aid wise to have more than one in college at the same time, some families find encouraging a Gap year to line siblings up makes good financial sense.</p>

<p>Good luck!</p>

<p>Thanks alamemom! Yeah, it is Fall 2010. That’s good information, though. Actually, since my next youngest brothers will enter college (hopefully!) in Fall 2012 and Fall 2013, there will only be one year (2013’s senior year) with my family not having multiples in college, at least until the next two enter college a few years after that (I know, that’s a lot!).</p>

<p>I’m am very pleased with my USC Financial Aid (in fact, it’ll end up costing the same amount as Ohio State would have cost my family, and less than UCLA’s FinAid, so it’s great!). My family will probably double check with both schools (my twin’s college didn’t use the CSS/Profile) just to make sure.</p>

<p>Thanks again!</p>

<p>i have a quick question.</p>

<p>right now for my aid, my usc page tells me i have zero requirements to turn in and zero pending, and they’ve received my profile, fafsa, student nonfiling, and parents tax return.</p>

<p>is this all they need or do i need more? i ask because my sister whos going there now, got an email a while back saying, even though they received all of the above stuff, they wanted more information to be sent before she could be considered complete, so she has information under the “required” section, but i have nothing. so to me, I have everything turned in but my sister doesnt. my dad is sending my sisters stuff to her sometime this week, but am i complete and i should just sit tight and wait? thanks</p>

<p>Hi alamemom!
I have a quick question that I was hoping you could answer! I posted it on another thread but no one has been able to answer it yet.</p>

<p>I was given grants and loans that amounted to $9.5k in my package. However, they haven’t factored in my Deans scholarship, which covers about that much money. Once they factor in the scholarship, will those grants and loans be taken away?</p>

<p>Thanks! By the way, this thread has helped me out a lot :)</p>

<p>Did those who get their aid package already get notified by email or did you randomly check and stumble upon it?</p>

<p>I wasn’t home when I first heard some people got their packages, so I checked online and it was there. When I got home, it was in the mailbox. They should also email you. It doesn’t hurt to check online every day in case it’s ready for you!</p>

<p>Just looked up my award…my efc was around 15k and i didnt get ANY grant…would calling the financial aid office (or having my dad call) be helpful? I CANT pay 55k a year…that’s ridiculous and I have two siblings still</p>

<p>It can’t hurt to contact the financial aid office to discuss it. They will tell you what factors they used to calculate your EFC and you can present any special circumstances.</p>

<p>My financial aid is still not listed online, how much longer do you think I should wait before contacting them, also I will not be able to receive any mail next week because I’ll be in Cali visiting UCLA, USC and UC Berkeley.</p>

<p>Edit: I know alamemom said that usually they are available by April 8-9 but since people were already receiving them I was wondering why I haven’t yet.</p>

<p>They send out the fin aid as they complete the packages rather than all at once. (I don’t know why.) They usually appear online a day or two before you get them in the mail, so if you have computer access while you are in CA you could still get your package if it is available. </p>

<p>They seem to be a bit ahead of schedule this year - that is good news!</p>

<p>Remember, they are putting together about 4,800 packages, so it does NOT mean there is anything “wrong” if you haven’t received yours yet!</p>

<p>thanks alamemom I should have internet access while im in CA so I’ll definitely check it periodically.</p>