USC eliminates undergraduate tuition for families making less than $80,000 per year


University of Southern California (USC) President Carol Folt has announced that the institution will eliminate tuition costs for students whose families make less than $80,000. In addition, the private university will no longer consider home equity when making financial aid calculations for students. 

The changes, according to The Los Angeles Times, come as part of an effort to make the USC's tuition competitive with those offered by public universities, like the University of California system. In-state tuition for local rival University of California, Los Angeles runs at about $12,570 per year. The change applies only to undergraduate students and to those matriculating into the university directly from high school. According to reports, the university will continue to offer its existing financial aid packages for transfer and graduate students. 

The change in policy mirrors recent efforts undertaken at other elite higher education institutions like Harvard University and Stanford...

Antonio Pacheco via Archinect - News http://bit.ly/2vMQVnZ

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