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University of Southern California · California

USC scholarships and merit aid

A private research university that awards merit through competitive holistic review with no published stat cutoffs, offering the Trustee Scholarship (full tuition, interview required), Presidential (half tuition), and Deans (quarter tuition), plus a National Merit Finalist award recently reduced from half tuition to $20,000 per year starting with the Class of 2029.

Verified Jul 20262 months ago

The short answer

Is USC worth a closer look?

USC is worth checking if your student has strong grades or scores. We found 5 published awards, and one is based on those numbers.

See our full reasoning

Worth chasing only if your student is a genuine interview-tier talent or a National Merit Finalist — USC merit is a competitive selection, not a stat-driven entitlement.

USC publishes no GPA or test cutoffs for its big merit awards. Trustee (full tuition, ~$75,384/yr), Presidential (half, ~$37,692/yr), and Deans (quarter, ~$18,846/yr) are all competitive and mutually exclusive — you keep only the highest. Trustee and Presidential are decided from roughly 1,000 combined interview invitations; Deans may be selected without an interview, though USC does not explicitly confirm this. The biggest computable step is Presidential to Trustee at +$37,692/yr, a doubling from half to full tuition. The one award effectively automatic on a criterion is the National Merit Finalist Scholarship, now $20,000/yr — down from half tuition (~$34,952), a roughly $14,952/yr cut that families on old data will miss. Outside scholarships are loan-first, so USC attempts to preserve grants rather than displace them, though total aid cannot exceed COA. Watch the merit deadlines: November 1 for EA/ED, December 1 for Performing Arts via Regular Decision, January 10 final. Even Trustee's full tuition falls short of USC's $103,162 COA — not a full ride.

Merit tiers51 based on grades or scores
First-year students with school awards27%First-year students, CDS 2024-2025
Research checkedJul 2026By our research team
Tommy Trojan at the University of Southern California

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Published scholarships

These amounts and requirements come from the school’s own published pages. Open an award to see who qualifies and how to keep it.

Full tuition for eight semesters…Full tuition for eight semesters (10 for five-year Bachelor of Architecture). At 2026-2027 tuition of $75,384, approximately $75,384 per year.

Trustee Scholarship

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Who qualifies

Competitive. Approximately 1,000 students invited to interview from 40,000+ applicants meeting the scholarship deadline. Interviews in late February/early March. Selected based on academic excellence, leadership, service, and talent. Merit scholarship priority deadline is November 1 for Early Decision and Early Action applicants in most majors; December 1 for Performing Arts majors via Regular Decision; final RD deadline is January 10. No published GPA/SAT/ACT cutoffs.

How to keep it

Renewable for up to 8 semesters (10 for B.Arch). Requires: (1) maintain high academic standing, no academic disqualification; (2) complete at least 30 units per academic year (scholarship probation for max two semesters if under 30 units); (3) uphold USC conduct and academic integrity standards. Loss of academic standing permanently ends the scholarship, even upon readmission.

Notes

Based on flat-rate tuition (12-18 units per semester). USC merit scholarships are mutually exclusive: if awarded more than one, the student receives only the highest-value scholarship.

Source

Half tuition for eight semesters…Half tuition for eight semesters (10 for B.Arch). At 2026-2027 tuition, approximately $37,692 per year.

Presidential Scholarship

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Who qualifies

Same competitive interview process as Trustee. Approximately 1,000 students invited to interview for both Trustee and Presidential combined.

How to keep it

Same renewal conditions as Trustee: academic standing, 30 units per year, conduct standards.

Source

One-quarter tuition for eight semes…One-quarter tuition for eight semesters. At 2026-2027 tuition, approximately $18,846 per year.

Deans Scholarship

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Who qualifies

Competitive. May be selected without an interview, though USC does not explicitly confirm this. Merit scholarship priority deadline is November 1 for EA/ED applicants in most majors (December 1 for Performing Arts via Regular Decision; January 10 final RD deadline).

How to keep it

Same renewal conditions as Trustee and Presidential.

Source

$18,000 or more per year for four y…$18,000 or more per year for four years (minimum $72,000 over 4 years)

USC Associates Scholarship

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Who qualifies

Awarded to entering freshmen every fall based on merit. Recipients must have demonstrated exemplary leadership, both academically and in community service. USC Associates has awarded more than $1 million in scholarships every year since 2015. Specific GPA/SAT/ACT cutoffs are not published.

How to keep it

Same renewal conditions as Trustee, Presidential, and Deans: maintain academic standing, complete at least 30 units per academic year, uphold conduct and academic integrity standards.

Notes

A separate USC merit tier in addition to Trustee/Presidential/Deans, funded by the USC Associates support organization. Like other USC merit scholarships, it is mutually exclusive with the others: a student receives only the highest-value award. Less prominent on the admission landing page than Trustee/Presidential/Deans but a real, named award. Families should not assume an Associates offer is supplemental; it replaces, not stacks with, other USC merit. USC also names a 'Leadership Scholarship' tier alongside Associates and Directors with a fixed eight-semester value, but the Leadership amount is not currently published; confirm with USC Admission if invited to interview.

Source

$20,000 per year…$20,000 per year (Class of 2029 onward). Previously covered half tuition (~$34,952/year), a 42% reduction from the historical amount.

National Merit Finalist Scholarship

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Who qualifies

Must be admitted to USC, named a National Merit Finalist by NMSC, and list USC as first-choice institution by May 31.

How to keep it

Same renewal conditions as other USC merit scholarships.

Notes

This is the one USC scholarship that is effectively automatic on a qualifying criterion (NMF status). The reduction from half tuition to $20,000/year is a significant change that many families relying on older information will miss.

Source

See what could change an award

Rules that could change the answer

These are the rules we would flag for your family. Each comes from USC's published information.

  • Cutoff cliffOne ACT point can move the award by +$18,846/yr ($37,692 − $18,846)

    USC publishes a tier ladder where crossing Deans → Presidential changes the marginal value by +$18,846/yr ($37,692 − $18,846). A doubling of value, quarter tuition to half. Both are committee decisions, not stat thresholds.

What families often miss

  1. USC does not publish GPA/SAT/ACT cutoffs for any merit tier. The top awards (Trustee, Presidential) require an interview from roughly 1,000 finalists selected from over 40,000 applicants. Many families target a score threshold that does not exist.

  2. USC merit scholarships are mutually exclusive: the student receives only the single highest-value award. Families sometimes plan to stack Trustee plus National Merit plus departmental awards, but the main merit tiers cannot combine with each other.

  3. Starting with the Class of 2029, the NMF Scholarship dropped from half tuition (~$34,952/year) to a flat $20,000/year, a 42% cut. Families relying on older information will significantly overestimate this award.

See award cutoffs and special programs

What each USC merit tier is actually worth

USC merit tiers are mutually exclusive — a student receives only the highest-value award, never a stack. No public GPA/test cutoffs exist for the competitive tiers; only National Merit Finalist is gated on a clear criterion.

Student profileLikely outcome
National Merit Finalist · USC listed first-choice by May 31NMF Scholarship — $20,000/yrThe only effectively automatic USC award. Cut from half tuition (~$34,952) to $20,000 for Class of 2029 onward — a roughly $14,952/yr reduction many families miss.
Competitive merit · entering freshman, leadership + serviceUSC Associates — $18,000+/yr (min $72,000 over 4 yrs)Real named award, but mutually exclusive with the others — it replaces, not supplements, Trustee/Presidential/Deans.
Competitive merit · may be selected without an interview (USC does not explicitly confirm this)Deans Scholarship — ~$18,846/yr (quarter tuition)Lowest of the tuition-fraction tiers; entry rung of the competitive ladder.
Competitive merit · interview pool (~1,000 invited for Trustee and Presidential combined)Presidential Scholarship — ~$37,692/yr (half tuition)Same interview process as Trustee; the runner-up to a full-tuition award.
Competitive merit · top of interview poolTrustee Scholarship — ~$75,384/yr (full tuition)Highest USC merit award. Covers full tuition but not full COA ($103,162), so not a full ride.

The dollar steps on USC's merit ladder

USC's competitive tiers are not gated on test scores, so the meaningful cliffs are tier-to-tier dollar jumps decided by the selection committee. All deltas below subtract two named tiers from the table above. The NMF row is the one true stat-criterion gate.

ThresholdMarginal value
Deans → Presidential+$18,846/yr ($37,692 − $18,846)A doubling of value, quarter tuition to half. Both are committee decisions, not stat thresholds.
Presidential → Trustee+$37,692/yr ($75,384 − $37,692)The largest single step in the ladder — a doubling from half to full tuition.
National Merit Finalist — current vs. historical award−$14,952/yr ($34,952 − $20,000)Not a gain. The NMF benefit was cut from half tuition to $20,000/yr for the Class of 2029 onward; plan on the lower figure.
See costs and school data

Who this school may work for

Families targeting a selective private university where 26.5% of freshmen receive non-need institutional merit averaging $20,703, but where merit scholarships are mutually exclusive (you receive only the highest award, not multiple). USC does not publish GPA/SAT/ACT cutoffs for any tier. The top awards (Trustee, Presidential) require an interview from roughly 1,000 finalists selected from 40,000+ applicants. National Merit families should note the NMF award dropped from half tuition to $20,000/year for the Class of 2029.

Cost of attendance$103,162 for 2026-2027Each bar is the full published cost for that scenario, sized against the highest figure so totals compare at a glance.
On-campus$103,162
  • Tuition & fees
  • Housing & food
  • Books
  • Personal
  • Travel

On-campus. Health insurance and loan fees not itemized in published budget.

USC cost-of-attendance source

Cost and graduation facts

Federal reporting on who actually enrolls at USC, what they paid after aid, and what happened next — independent of anything the school markets.

Average annual net price by family income at USC, academic year 2021-22
Family incomeAverage net price paid
$0–$30,000$13,516
$30,001–$48,000$14,394
$48,001–$75,000$19,539
$75,001–$110,000$24,976
$110,001+$56,116
All income levels (average)$32,740

Sticker price vs. what students actually pay

Published tuition & fees, AY 2022-23
$72,097
Average net price paid (all Title-IV aid), AY 2021-22
$32,740

That works out to roughly a 64% discount below the federal AY 2021-22 average cost of attendance of $90,300 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).

Outcomes for students who enrolled here

Graduation rate (150% of normal time), 2016 cohort
92%
First-year retention rate, 2021 cohort
96%
Median debt at completion, 2020–2021 completers
$18,000 (~$191/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21)
$92,498
Share of students receiving a Pell grant, AY 2021-22
21%
Share of students receiving a federal loan, AY 2021-22
25%
See other scholarships and cost examples

If your student brings another scholarship

USC merit scholarships are mutually exclusive (student receives only the highest-value award). Outside scholarships typically replace loans and work-study first, and USC attempts to preserve university need-based grants. Total aid from all sources cannot exceed cost of attendance.

USC's published policy states outside scholarships change the composition of the need-based aid package but do not increase the total amount. In most cases, outside scholarships replace student loans or Federal Work-Study first, and USC makes every attempt to preserve university need-based grants. USC merit scholarships (Trustee, Presidential, Deans) are mutually exclusive: recipients receive only the highest-value award. Combined scholarship funding cannot exceed cost of attendance. USC does not publish an explicit policy about whether institutional merit awards are reduced when outside scholarships arrive; the displacement language focuses on need-based aid coordination. California AB 288 (ban on scholarship displacement) aligns with USC's existing policy of preserving gift aid.

Source

More school data

From the USC Common Data Set 2024-2025:

Merit penetrationHow likely is merit aid here?From USC’s Common Data Set: the share of first-year students who receive institutional merit and the average dollar amount when they do.
27%of admitsget merit
Average award$20,703Covers ~20% of $103,162 cost of attendance

At USC, roughly 1 in 4 first-year admits receive institutional merit aid. The average award is $20,703 — about 20% of total cost.

SAT mid-50%1450–155025th / 75th percentile
ACT mid-50%32–3525th / 75th percentile
Receive institutional merit27%First-year students
Average merit award$20,703Across recipients

Source: Common Data Set

Other USC scholarships worth checking

These awards can be harder to find. Each one has its own rules.

AmountFull tuition plus $5,000 annual stipend for housing and living expensesEligibilityApproximately 10 incoming freshmen selected annually. Involves faculty interviews and interviews with current Mork Scholars. Funded by a $110 million gift from John and Julie Mork.

Benefits include a personal scholarship adviser, guaranteed space in honors residential college, and an annual retreat on Catalina Island.

Source

AmountApproximately one-third of admitted undergraduates offered scholarships ranging from $5,000 to $15,000 per yearEligibilityBased on faculty recommendations and funding availability. Students in Music Industry, Popular Music Performance, Music Production, and Choral Music are not eligible for Thornton scholarship awards.

Source

AmountMaximum $5,500 per year for undergraduatesEligibilityNeed-based with community service emphasis. First-generation and local-area applicants given primary consideration. Requires 2.5 GPA, full-time enrollment, attendance at all NTSAF events, and 20 hours community service per semester.

Source

Amount$10,000 per year for undergraduatesEligibilitySouthern California permanent residents only. Requires 3.4 unweighted high school GPA (incoming freshmen) or 3.0 cumulative USC GPA (renewal), U.S. citizenship, demonstrated leadership and community involvement, and an in-person interview. Cannot accept other tuition assistance exceeding 50% of cost. 200 merit-based scholarships totaling \$2.3M for 2025-26.

Significant lever for Southern California families. Applications for 2026-27 open July 15, 2025 and close November 15, 2025; award notifications by June 1, 2026. Renewable based on continued GPA and leadership engagement. Stacks with the main USC merit tiers within USC's overall cost-of-attendance cap.

Source

USC merit aid FAQ

  • Does USC offer automatic merit scholarships based on GPA or test scores?

    No. USC does not publish minimum GPA, SAT, or ACT cutoffs for any merit tier. All applicants who submit a complete application by the November 1 priority deadline (Early Decision/Early Action for most majors; December 1 for Performing Arts via Regular Decision; January 10 final Regular Decision) are automatically considered, but selection is holistic and competitive. The top tiers (Trustee and Presidential) require an interview for approximately 1,000 finalists selected from 40,000+ applicants.

  • Can my student combine a USC merit scholarship with the National Merit Finalist award?

    USC merit scholarships are mutually exclusive: recipients receive only the highest-value award. The National Merit Finalist Scholarship ($20,000/year for Class of 2029 onward) is listed separately. Combined funding cannot exceed cost of attendance. Confirm stacking rules directly with the Financial Aid Office for your specific situation.

  • What are the renewal requirements for USC merit scholarships?

    Three conditions: (1) maintain academic standing and avoid academic disqualification; (2) complete at least 30 units per academic year (probation allowed for up to two semesters at 16 units/semester); (3) uphold conduct and academic integrity standards. Loss of academic standing permanently ends the scholarship, even upon readmission.

  • If my student wins an outside scholarship, will USC reduce their institutional merit award?

    USC's published policy focuses on need-based aid coordination. Outside scholarships typically replace loans or work-study first, and USC attempts to preserve need-based grants. For merit-only recipients without need-based aid, USC does not publish an explicit displacement policy beyond stating total aid cannot exceed cost of attendance.

  • Are there merit scholarships beyond the main Trustee, Presidential, and Deans tiers?

    Yes. The USC Associates Scholarship ($18,000+/yr for four years, mutually exclusive with the main USC merit tiers), Mork Family Scholars Program (full tuition plus $5,000 stipend, about 10 recipients per year), Stamps Leadership Scholarship (full tuition plus enrichment fund), alumni association scholarships ($1,000 to $12,500 depending on affiliation), Thornton music scholarships ($5,000 to $15,000), Roski art talent awards, the Norman Topping fund (up to $5,500/year), and the Town and Gown of USC Scholarship ($10,000/yr for SoCal residents, 200 awards/yr) are all separate pipelines that many families miss.

See sources and other schools

How USC compares

  • 145 of 749 verified schools in our dataset use loan-first displacement.

    USC is in a recognizable cluster (145 schools share this category). That framing matters when comparing peer schools that may publish the policy differently or not at all.

  • 665 of 749 verified schools publish at least one four-year renewable merit award.

    USC is one of them. The cohort minority (84 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

  • 63 of 749 verified schools publish a marginal-value cliff table we can quantify.

    USC is one of them. Most schools won't tell families what one ACT point is actually worth. At the schools that do, a strategic retake is sometimes mathematically more valuable than test-optional positioning.

Sources used on this page

Every claim is checked against USC’s own published materials. Below is the full reference set.

Compare with similar schools

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