USC offering free tuition to families making under $80,000

LOS ANGELES, Calif. (KTLA) -- The University of Southern California announced Thursday that it will eliminate tuition for students whose families have an annual income of $80,000 or less and will no longer be considering homeownership when calculating students’ financial aid.

The changes will begin with first-year students entering USC in the fall of 2020 and the spring of 2021 and will be “phased in with each new entering class,” according to a news release from the university.

“We’re opening the door wider to make a USC education possible for talented students from all walks of life,” USC’s president Carol Folt said in a written statement.