If USC was handed any sanctions by the NCAA today. I know that the NCAA had a meeting with the guy who handed the Bush family hundreds of thousands of dollars but i didn't hear what the outcome of the meeting was. 
they are still investigating.
once that is complete they will issue a letter to usc so that they can respond to any charges listed.
then a hearing will be scheduled.
then they will hand down any penalties.
then usc will appeal.
then a final determination will be made.
will take at least another year.
GOCATS!!!!