The following options are available to cover the balance of your Cost of Attendance (after any financial aid is posted to your account). You can pay in several ways:

  • From savings or current income. (Pay the USC Cashier's Office directly.)
  • With the USC Payment Plan, which enables students to establish an interest-free line of credit for tuition, fees, university housing and other student expenses. The plan is billed in five monthly installments per semester. There is an application fee is $50. For more information, visit the Student Financial Services website.
  • With the USC Pre-payment Plan, which allows participants to prepay up to five years of full-time tuition and mandatory fees for students who have been admitted to the university.  For more information, visit the Student Financial Services website.
  • With loans for all or part of this amount. We recommend that student and parents apply for loans to cover the entire academic year.

FEDERAL LOANS

  • If you choose to take out loans for all or part of the family contribution, start with the Federal Direct Parent PLUS Loan, which features a low fixed interest rate (currently 7.9%), requires no collateral and does not impose an early repayment penalty.
  • If (and only if) the parents are declined for the Federal Direct Parent PLUS Loan, may a student borrow an additional Federal Direct Unsubsidized Stafford Loan to cover part of the family contribution.

STUDENT PRIVATE FINANCING

In most cases, students who use private financing to cover all or part of the family contribution will need to apply with a credit-worthy co-borrower. Doing so may substantially reduce interest and fees on a private loan. For more information, visit the Private Financing section of this website.

 

©2013 University of Southern California