On Thursday, USC President Carol Folt announced that the school will now be offering free tuition to students who's families make less than $80,000 annually. On top of this, the school will get rid of their old financial aid calculations that included a family's home equity as a part of their income.
Folt said: “We really want this to be an institution where great students can attend regardless of their financial background - Education should be the great bridge across income that really is the equalizer and makes our talented, hardworking students able to make real contributions.”
They are going to start this new policy with students enrolling for Fall 2020 and Spring of 2021...Time to rethink where to send the kiddos for sure if you'll benefit from this!