If you have been awarded a Perkins loan, Stafford loan, Pell grant, or other federal loan or grant, the credit will not appear on your Fall / Spring billing statement. This is because Fall/Spring billing statements are generated the month before the start of classes and, under federal regulations, most awards of this type may not be posted to student accounts until the first day of classes.
For questions about Financial Aid, such as:
Please contact the Office of Financial Aid. You may also wish to review your Financial Aid "Status Check" page at: http://www.usc.edu/admission/fa .
Student Financial Services will send out an email notification when financial aid is posted to your student account, but we do not know when when your funds will be available.
See FAQ: When will my loan post?