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| Oh, yeah. Scholarships don't change your budget. Thank goodness, I can think of at least two occasions where I would've borrowed a bit more money if they'd let me, but I'm glad I didn't.
Our budgets as writing students at USC are about 48K, based on 10 hours per semester and room and board, split not quite evenly...living expenses are more than tuition, so with that as your main variable, it would serve you well to live as cheaply as possible.
If you live more expensively than they budget you, or want more money, it is possible. There are appeals for taking more hours, exorbitant class fees, production costs for production classes...this is the dangerous place where production students borrow thousands for their films if you're not careful, health insurance, higher rent than school budget, relocation costs, a one time computer purchase, and annual air travel for out of state students.
Whatever your budget is, that is the maximum amount you can borrow in Stafford and PLUS loans. But once you start getting aid, that loan amount decreases.
Example:
School Prescribed Budget: 48000
If you get no aid, you can borrow 48000.
But, if you get aid:
Assistantship: 3000 Scholarship: 4000 Work-study: 1000
You can only borrow $40000 now.
It is possible to order more than your budget through private loans, if you're into that kind of debt.
Whether or not you live on or off campus, you get that money.
I came out to USC in August with four thousand dollars in addition to all of my deposits and stuff. I had some strange loan issues and a couple life crises, which resulted in disbursement in October and an exhausting of my savings, so I wish I'd had more since I had to wait to get furniture. You'll always wish you had more. If you live in dorms, furniture is not an issue, though of course you'll need a place to live after you graduate.
But with things going smoothly, I'd have been fine. Film school makes relocation pretty easy. If you're coming out without school, I'd say you want at least eight grand.
I'm sure you can find this on admissions websites, though I'm not going to look. I don't know if they've gone up, but in my accept year (2007), USC was 300, AFI and Chapman were 1000. UCLA had no deposit. | | | | Posts: 1547 | Location: Los Angeles | Registered: March 11, 2007 |  
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