Casey Moon will be associate head coach for both teams.
The scholarship is given to 24 outstanding student athletes who demonstrated a commitment to education, campus and community involvement and leadership.
With Trojans on their rosters, USA men and women win gold, Canadian women take silver and Brazil women earn bronze.
Six Trojans are repping their nations at the Games in Lima, Peru.
USA, Spain and Australia take the medal stand with Trojans representing all three nations.
Seven nations boast USC water polo players at this year's event in South Korea.