Financial Aid

Welcome to the USC School of Pharmacy Regulatory Science Financial Aid Website

The USC School of Pharmacy is committed to helping all eligible students achieve their educational goals regardless of economic status. There are several need-based low interest rate loans, non-need based loans and private loan programs available to eligible students.

Please Note: Several Regulatory Science courses are short term courses of 8 weeks each. Students who receive financial aid will need to work closely with their Regulatory Science Advisor to make sure that their course schedule each semester adheres to 16 weeks of study. Doing so is mandatory in order to maintain financial aid eligibility.

Financial Aid Office Contact Information:
USC School of Pharmacy
Financial Aid Office
(323)442-1466
pharmfao@usc.edu

Applying for Financial Aid

If you are a U.S. Citizen or permanent resident, you should apply for financial aid even if you have not received an admission notification and/or will receive institutional aid such as tuition remission, stipend, living expenses allowance etc.

1. Complete the 2013-2014 Free Application for Federal Student Aid (FAFSA) on line at www.fafsa.ed.gov

How to complete the FAFSA Application:

  • USC’s Federal School Code is 001328.
  • Complete all student sections.
  • If you have not completed your 1040 Federal Tax Return, use your best estimate of your 2012 income.

2. Complete the Supplemental Form on line, please log-in to My Financial Aid & Documents. The Supplemental Form asked about your housing and enrollment plans during the academic year.

3. If additional information is requested from you, respond within 30 days.

After you have been admitted and met all eligibility requirements you will receive notification of your financial aid eligibility. At that time, you may go on line to My Financial Aid & Documents to view your financial aid award.

Important Note: Documents submitted to USC School of Pharmacy, Financial Aid Office become the property of the school and cannot be returned to the student
or duplicated for any purpose.

Types of Aid

Educational Loan Programs

Students borrow from a variety of loan programs to fund their education. When determining the amount to borrow you should take into consideration your level of indebtedness from previous academic programs.

Loans are money you borrow that must be repaid with interest, and some loans may involve extra fees. There are loans that are need-based, while others are not.

Federal Direct Stafford Loans

  • This loan is available to eligible citizens and non-citizens.
  • Interest rate is 5.41%. Interest rates will be determined each June for new loans being made for the upcoming award year, which runs from July 1 to the following June 30.
  • There is an origination fee of 1.05%.
  • Students enrolled for fall and spring receive a maximum of $20,500 annually.

More information about Federal Direct Stafford Loans.

Federal Direct Graduate PLUS Loans

  • If you need further financing after you have borrowed the full Stafford Loan amount, USC suggests the Federal Graduate PLUS Loan, because it has fixed interest rate and the credit check is less intensive than private student loans.
  • This loan is credit-based rather than need-based.
  • Interest rate is 6.41%. Interest rates will be determined each June for new loans being made for the upcoming award year, which runs from July 1 to the following June 30.
  • There is no pre-payment penalty.
  • There may be a 4.204 % Federal Origination and Federal Default Fee.
  • To apply, you must be a U.S. Citizen or permanent resident.

More information about Federal Direct Graduate PLUS Loans.

Private Financing Programs

  • These private financing programs are unsecured educational loans made by private financial institutions such as banks or credit unions.
  • It is advisable for students to apply for all federal Title IV education loan programs that are available before considering a private educational loan program. The repayment terms of the federal loan programs may be more favorable than the terms of the private loan programs and may not be included in the Federal Direct Consolidation Loans.
  • Interest rates are based on the creditworthiness of the student borrower and/or the co-borrower and will vary on a monthly or quarterly basis. Repayment generally begins immediately after full loan disbursement.
  • In-school deferments, grace periods and forbearances may be available. Ask your lender for more information.

More information about Private Financing.

Other Private Financing Information: Scholarships
Some prospective students have asked whether we have suggestions about private scholarships that might be available to support your studies with us. We wanted to provide you with some links that may be helpful.

Our department does not endorse any of these particular search links. However, among the available search engines, these appear to provide more legitimate leads than some of the search engines that charge a fee for services.

USC Scholarship Links

Women in Science Scholarships

Fast Web Scholarship Search Engine

GradSchools.com Scholarship Advise

CollegeScholarships.org Search Engine

Cost of Attendance

For the 2013-2014 academic year, the cost of tuition is $1561/unit.

The cost per unit increases yearly. Please keep in mind that total tuition fees listed below are estimates only, and are based on the cost per unit for the 2013-2014 academic year.

  • The Regulatory Science MS Degree is 36 units X $1561/unit = $56, 196 tuition
  • The MS in the Management of Drug Development is 32 units X $1561/unit = $49,952 tuition
  • Graduate Certificates in Regulatory Science are 12 units X $1561/unit = $18,732 tuition
  • The Doctorate in Regulatory Science is 64 units X $1561/unit = $99,904 tuition
    Please note: doctoral students with applicable, prior MS degrees may be eligible to transfer up to 30 units. Therefore, most students will complete the program by taking approximately 34 units at a cost of $53,074.

Other Mandatory Fees 2013-2014:
For Additional, Detailed Information about Tuition and Fees Visit Tuition and Fees

  • Application Fee: $85.00
  • New Student Orientation Publications and Programs Fee $55.00
  • Student Health Insurance
  • Fall semester: $605.00
  • Spring and summer semesters combined: $914.00
  • Yearly dental insurance (optional, purchased in fall only): $136.00
  • Student Health Service Fee (for students with 6 units or more) per semester: $262.00
  • Student Programming Fee per semester: $37.50
  • Student Services Fee, per semester $12.50
  • Norman H. Topping Student Aid Fund, per semester, all students: $8.00

Other Fees Which May Be Covered by Financial Aid (estimates based on fall and spring terms):

  • Room & Board **: $7,111 per semester
  • Books & Supplies: between $336 and $504 per semester based on number of units
  • Personal: $822 per semester
  • Transportation: $1,120 per semester
  • Loan Fees: $466 per semester

** Based on living in non-university housing or university housing (not with parents or relatives other than a spouse). Monthly rent is $1200.

Special Circumstances:

If you have any special circumstances that you want the Financial Aid Office to consider, please submit your letter of appeal with supporting documentation to our office. For submission instructions, visit Financial Aid Online Services

Evaluating your special circumstances is subject to federal and state regulations. We advise you to consider your total loan debt before borrowing additional loan funds.

Budget Adjustments for Special Circumstances Could Include:

  • Mandatory USC Student Health Insurance
  • Rent costs exceed standard budget
  • Computer purchase
  • Disability-related expenses
  • Travel expenses
  • Child care expenses

On Line Status Review:
To review your document status, obtain detailed information about documents you need to submit and review your financial aid awards, please visit My Financial Aid & Documents at https://camel2.usc.edu/ESD/IOL/login.aspx