The $4,000-per-semester award will be implemented along with other financial aid adjustments for those staying in on- and off-campus housing.
The complaint accuses the University of declining to release information to faculty and staff who sue it.
The couple initially agreed to a $1 million bond to ensure their appearance in court.
President Carol Folt wrote that students were being used as leverage to reopen campuses in the fall.
The @black_at_usc Instagram page provides a community for Black students, faculty, staff and alumni to speak out on their experiences of anti-Blackness at USC.
Folt called upon the University community to challenge racism and uphold values of diversity and equality.
Former kicker Matthew Boermeester was expelled from USC after a 2017 Title IX investigation from the University found that he assaulted his girlfriend.
Complexes like The Lorenzo and West 27th require rent payments amid pandemic.