The University of Southern California has announced that families with an annual income of $80,000 or less can attend the private university tuition-free, starting with students entering their first year this fall.
USC announced Thursday that families with an annual income of $80,000 or less can attend the private university tuition-free, starting with students entering their first year this fall.Furthermore, owning a home will no longer be considered when determining a student's financial need, the school said in the announcement."We're opening the door wider to make a USC education possible for talented students from all walks of life," said President Carol Folt in a statement.
Transfer students, for example, are not eligible for the waived tuition, the Los Angeles Times reported.Read MoreThe step is a significant one for the school, which is in University Park, one of the poorest areas of South Los Angeles, according to an LA Times database. One year of tuition at USC is is $57,256 -- and that's before additional costs such as dining, books and transportation, which can bring the total per year to upwards of $77,000, according to the school.
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USC offers free tuition to families making under $80,000 and a break for homeownersThe school estimates that one-third of freshmen will benefit from the new rules, which take effect beginning in the fall of 2020.
Consulte Mais informação »