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 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.

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