While a lot of kids are celebrating the arrival of summer and planning trips to the pool and beach, many students are heading back to school for the summer. If you are one of them, there is some good news for you! For the first time in the history of the Federal Pell Grant, students who have used all of their Pell Grant eligibility in the fall and spring semesters can receive additional grant funding for summer school. The change, legislated by the 2008 Higher Education Opportunity Act, is
While a lot of kids are celebrating the arrival of summer and planning trips to the pool and beach, many students are heading back to school for the summer. If you are one of them, there is some good news for you! For the first time in the history of the Federal Pell Grant, students who have usRead Full Story
If you have a student in college or one who’s college-bound and you’re wondering how you’re going to pay that bill, now’s your chance to hear the creator of this blog, Reecy Aresty, live on WDEL 1150AM, Saturday, May 30th from 11:00 am – 12:00 pm. Join Spencer Graves as he interviews ReeRead Full Story
The Obama education tax credit will not only target lower income families, but those of middle income families as well. Here's how the numbers stack up for two families of 4: Adjusted gross income $66,000 Itemized deductions 20,000 4 exemptions @$3,500 14,000 Taxable InRead Full Story
Sallie Mae announced that it would no longer offer consolidations under the federally guaranteed loan program. Students typically consolidate their loans after they graduate, combining loans from each of their years in college into a single loan to make it easier to manage when paying back the moneyRead Full Story
Reported by Heather LaRoi - La Crosse Tribune With about a week to go before classes start at UW System schools, nearly 3,800 college students around the state are still waiting to hear what kind of financial aid they will -- or will not -- receive for the upcoming school year. The ongoing wRead Full Story
Reported by Doug Lederman in Inside Higher Ed A portent of things to come. One of our favorite and most astute education writers, Doug Lederman, informs us that there could be more investigations on college campuses with those who are "sleeping with the enemy." The National AssociatiRead Full Story
Reported by Erin Wood in The Battalion Texas colleges received notification Friday that returning students who renewed "B on Time" loans would be given them. "We received our allocation notice from the Texas Higher Education Coordinating Board Friday afternoon indicating their intent to honoRead Full Story
Burlington Free Press - Reported by Terri Hallenbeck Kelly Walsh thought she wanted to go out of state to college -- not necessarily far away -- but somewhere else. A $3,000 enticement from the state helped change her mind. She will attend the University of Vermont in the fall and feels very gooRead Full Story
Hear Reecy live on WNJC, 1360 AM at www.wnjc.duxpond.comRead Full Story
What started out as informative Financial Aid Nights every fall and evolved into College Goal Sunday in January has now transformed itself into the largest student loan scandal in history! Evolution In the fall when seniors begin applying to colleges, thousands of guidance departmentsRead Full Story
If you have a student in college or one who’s college-bound and you’re wondering how you’re going to pay that bill, now’s your chance to hear the creator of this blog, Reecy Aresty, live on WDEL 1150AM, Saturday, May 30th from 11:00 am – 12:00 pm. Join Spencer Graves as he interviews Reecy and call 478-9335 or toll free downstate and out of Delaware 800-544-1150.лаптоп For the past three decades Reecy has helped thousands of families send their kids to the college of their c
In these trying economic times, the latest buzz on campuses is about college presidents earning outrageous salaries while students' financial aid packages are dwindling! If your president got a big raise, and you had a reduction in financial aid, then band together and PROTEST! I remember the 60's when there was campus unrest because of Vietnam. It's now time to relive those turbulent days, but with non-violence, and simply ask to take over the administration building, and boycott class
Title is a sing-a-long to, Where have you gone Joe DiMaggio? Arizona colleges plan to raise tuition by double digits! Reported by Anne Ryman in The Arizona Republic Double-digit tuition increases could be in store for all undergraduate students at the University of Arizona and for new students starting in fall 2009 at Arizona State University and Northern Arizona University. But students at two of the three state universities, ASU and NAU, would get a bit of a break in future years as
Vanderbilt announced today that beginning with the 2009-2010 academic year, they will offer grants to all students in lieu of need-based loans. This applies to all new and returning students. Way to go Vandy!
The Obama education tax credit will not only target lower income families, but those of middle income families as well. Here's how the numbers stack up for two families of 4: Adjusted gross income $66,000 Itemized deductions 20,000 4 exemptions @$3,500 14,000 Taxable Income $ 32,000 Tax $ 4,000 Tax credit 4,000 Tax due
We apologize to all of you who have or would have signed up. We are re-scheduling for next Thursday, 8-14 and will include a special bonus for your inconvenience.
Reecy will be the focus of a FREE teleseminar Thrusday, Aug. 7th. Get the details here. Learn legal secrets to qualify for maximum financial aid and how families can appeal unappealing financial aid offers!
Reecy Aresty, president of College Assistance, Inc., an admissions/financial aid services company in Boca Raton, FL, announced today that he will be concentrating his efforts and financial aid expertise to assist MA families caught up in this latest loan snafu. Families are encouraged to send an email to firstname.lastname@example.org or call him for a FREE consultation at: 561.353.4000.
In a sincere effort to make college more affordable, President Lyndon B. Johnson signed the Higher Education Act of 1965 allocating billions of dollars for low interest student loans. It is fair to say that the Johnson Administration could not have foreseen that their good intentions would actually lead to an escalation of college tuitions past the $50,000 mark! In the same manner that insurance coverage has lead to obscene medical costs, the government’s federal aid for higher educatio
Reported in Marketwatch Student loan borrowers who commit to a decade of public service may see the remaining balance on their federal student loans forgiven under the government's new public-service loan forgiveness program. Borrowers who enter public-service fields such as law enforcement, public education, or certain nonprofit work could have their remaining federal student loan debt forgiven, provided they work full-time for 10 years in an eligible public-service field and make 120 mo
Pay Less For College, an interactive radio show, will debut Sunday, July 20 at 10:00 AM EDT on WNJC 1360 AM, stream on the Internet at wnjc1360.com, and shows will also be archived at Paylessforcollege.com. Reecy will answer listeners questions and explain the ins and outs of the college admissions/financial aid process and reveal what the colleges, the states, and the feds don't want families to know. Every show will deal with a specific topic and follow his College Funding Timeline.
Reported by Adam Clark - The Daily Collegian Online The Penn State Board of Trustees on Friday approved a 5.9 percent increase in tuition for the 2008-09 school year, the highest increase since 2005. Still, "our tuition increase is going to be below the average of similar institutions," Penn State President Graham Spanier said during a presentation during Friday's board meeting. "I'm very pleased that we were able to keep it at a reasonable level, given the very modest appropriations."
Reported by Gil Kaufman - M TV Ohio GI Promise essentially grants vets full scholarships at state's public schools. Just a week after President Bush signed off on a new GI Bill that essentially guarantees veterans of the Iraq and Afghanistan wars full scholarships at their home state's public colleges and universities, Ohio has upped the ante by announcing that it will offer in-state tuition rates to those who attend college in the Buckeye State. According to The New York Times, the Ohio
New rate schedule follows: First disbursement of a loan: Interest rate on the unpaid balance Made on or after And made before July 1, 2008 July 1, 2009 6.0 percent July 1, 2009 July 1, 2010 5.6 percent July 1, 2010 July 1, 2011 4.5 percent July 1, 2011 July 1, 2012 3.4 percent The above chart is for subsidized loans only; unsubsidized Stafford Loans remain at 6.8%.
Reported in the Memphis Business Journal Tuition and fees at Tennessee colleges and universities will increase 5.85 percent in 2008-09, according to the Tennessee Independent Colleges and Universities Association. For the 2008-09 school year, the average published tuition and fees for undergraduate students attending a TICUA member private four-year institution in Tennessee will be about $18,000 per year. Last year, students attending four-year private institutions in Tennessee paid 28 per
The Univ. of MI is hard up for cash, so they will raise tuition and fees for the fall term by 5.6%. Stay tuned for the latest info on your favorite schools.
Reported by Amy Rolph - Seattle Post-Intelligencer The University of Washington Board of Regents approved two controversial changes for the state's flagship university Thursday -- one that will have some students reaching deeper into their wallets and another that already has divided faculty in science departments. The regents voted to raise tuition 7 percent for most students starting this fall -- an increase of more than $400. They also decided to move forward with the creation of a Coll
Reported by Janet Frankston Lorin - Bloomberg A U.S. program to support college lenders is ensuring that students will get the government-backed financial aid they need for the 2008-2009 academic year, after a seizure in the credit markets threatened the flow of funding. At Michigan State University in East Lansing, 6,042 students have received $26 million in federally guaranteed loans since early May, said Val Meyers, associate director of financial aid, in an interview on June 6. SLM Cor
What most families don’t realize is that the economic stimulus check they may have already received was nothing other than a return of their own money! Depending on how much you actually paid???????? in taxes, you may have or will soon receive a check from Uncle Sam. If you got a refund for 100% of what was withheld, then the stimulus check will actually come from the US treasury. Don’t spend it all in one place, or simply put it into a 529 Savings Plan; you may need it to drive to