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USC offers free tuition to students from families making under $80,000; home ownership will not fact

USC offers free tuition to students from families making under $80,000; home ownership will not factor in need


LOS ANGELES (KABC) -- The University of Southern California announced Thursday that it will phase in free tuition for students from families with an annual income of $80,000 or less, and home ownership will not be counted in used to determine a student's financial need. "We're opening the door wider to make a USC education possible for talented students from all walks of life," USC President Carol L. Folt said in a statement. "This significant step we are taking today is by no means the end of our affordability journey."


The changes will be phased in beginning with first-year students entering USC in the fall of 2020 and the spring of 2021, the university said. California program to provide 2 years of free tuition to community college student


According to Folt's statement, USC will increase undergraduate aid by more than $30 million annually. When fully implemented, the expansion will allow the university to provide stronger financial assistance to more than 4,000 students every year.


DEVELOPING: More details will be added to this report as they become available.


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