<p>I just found out that USC's financial aid policy makes it so that if you get extra scholarships, it will eventually subtract from the grant aid they're giving you. This is ridiculous, and it's sad that I've found out so late.</p>
<p>Is there anything that can be done?</p>
<p>Sorry to learn of this and having hopes up to attend this university. It is ashamed that they did not disclosed this in the beginning.</p>
<p>Its usually done so that loans willl be taken out first. Also lots of schools give you great fin aid packages first year and it seems to dissappear after freshmen yr</p>
<h2>Its usually done so that loans willl be taken out first. Also lots of schools give you great fin aid packages first year and it seems to dissappear after freshmen yr</h2>
<p>Now that is very dirty ... certainly the parents would be strapped for up to $80,000 to $100,000 assuming a private college/university.</p>
<p>Also lots of schools give you great fin aid packages first year and it seems to dissappear after freshmen yr.</p>
<p>This isn't true. A lot of colleges say they won't change your package significantly from year to year, unless your financial situation changes.</p>
<p>That's really bad. Do you have 100% need met already? At different schools there are different steps in their dealing with outside scholarships. Some schools might subtract from loans, then student contribution, then university grant. Others might take from loans, then grant, then student contribution. No matter what though, your EFC will be the last thing subtracted from, at least that's what I've seen from all the school's I've looked at.</p>