Financial Aid

USC administers one of the largest financial aid programs in the United States, with a long tradition of meeting the full USC-determined financial need of applicants who meet all eligibility requirements and deadlines. In the 2019-2020 academic year, more than $680 million in financial aid was provided from all sources to more than 14,000 undergraduate students.

2020-2021 Estimated Cost of Attendance

The following are estimated costs for a full-time USC undergraduate (taking 12-18 units each semester) living in university housing:

Tuition Fees Housing Dining and meal plan Books and supplies Personal and miscellaneous Transportation

Total

(Add $450 New Student Fee for your first semester.) Undergraduate financial aid includes federal, state and university need-based grants; merit scholarships; and Federal Work-Study and loans* for students and parents. Approximately two-thirds of USC undergraduates receive some form of financial aid, most of it in the form of gift aid, which does not need to be repaid. To apply for financial aid, you must submit the Free Application for Federal Student Aid (FAFSA) and the CSS Profile. Transfer students must apply by March 2, 2021, to be considered for all funding available and to ensure timely notification of their financial aid eligibility. $59,260 $1,015 $9,327 $6,110 $1,200 $1,598 $553

$79,063 USC’s Affordability Initiative affordability.usc.edu On February 20, 2020, President Carol L. Folt announced that students from U.S. families with an annual income of $80,000 or less with typical assets will attend USC tuition free. This initiative will boost opportunities for students who may previously have earned too much to qualify for adequate aid but too little to afford a top-tier college education.

Net Price Calculator financialaid.usc.edu/npc Find out if you might qualify for need-based financial aid. Visit our Net Price Calculator to receive an estimate of your cost, based on your

family’s financial circumstances. Merit scholarships and need-based grants are awarded on the basis of academic merit and/or demonstrated need and do not need to be repaid.

The USC Payment Plan and other payment options are also available. Please visit sfs.usc.edu for more information.

* Federal student loans are required by law to provide a range of flexible repayment options, including but not limited to Income-Based Repayment and Income-Contingent Repayment plans, as well as loan forgiveness benefits, which other student loans are not required to provide. Direct Loans are available to students regardless of income.