From admissions to graduation and beyond
БогородицаThe CSS has been available since 10-1 for the 200+ schools that require it, and if you want the entire list, please send us (me) an email. Consequently, any asset repositioning that needs to be accomplished must be complete
Read Full StoryWhile 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 us
Read Full StoryHOR passes Resolution 1353 In the House of Representatives, U. S., May 25, 2010. Whereas education is the key to a successful future for many people in the United States; Whereas the ability of some students to attend an institution of higher education is conditional on the avai
Read Full StoryAs reported by Sandra Block in USA Today "Sallie Mae, the USA's largest private student lender, will announce today that starting May 10, rates on its Smart Option Student Loan will be 2.88% to 10.25%, based on the current London Interbank Offered Rate (LIBOR), the benchmark for the variable-rate
Read Full StoryBoca Raton, FL - It's that time of year again when colleges send out financial aid offers, some full, some empty. But whatever the case, there's almost always some room for improvement. Case 1: A freshman at Tulane whose parents hired Reecy 2 years ago, but then decided not to use his s
Read Full StoryUnappealing award letters can be appealed under the following circumstances: Your school has a history of meeting financial need and you have substantial unmet need You asked for a Federal Work-Study Award (you did, didn't you) and it was absent from your award package You didn't get a maxim
Read Full StoryCongress has passed the Student Aid and Fiscal Responsibility Act спалниand is awaiting passage by the Senate so the feds can be the sole student lender for Stafford and Perkins Loans. Hopefully by cutting out the banks, the Pell Grant will be able to be incre
Read Full StoryIf 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 Ree
Read Full StoryThe 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 In
Read Full StorySallie 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 money
Read Full StoryReported 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 w
Read Full StoryReported 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 Associati
Read Full StoryReported 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 hono
Read Full StoryBurlington 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 goo
Read Full StoryHear Reecy live on WNJC, 1360 AM at www.wnjc.duxpond.com
Read Full StoryWhat 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 departments
Read Full StoryБогородицаThe CSS has been available since 10-1 for the 200+ schools that require it, and if you want the entire list, please send us (me) an email. Consequently, any asset repositioning that needs to be accomplished must be completed before the form has been submitted. * How do I know if asset repositioning is necessary for maximum college financial aid? The family’s financial fingerprint will determine the necessity, a
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
HOR passes Resolution 1353 In the House of Representatives, U. S., May 25, 2010. Whereas education is the key to a successful future for many people in the United States; Whereas the ability of some students to attend an institution of higher education is conditional on the availability of student financial assistance; Whereas the cost of higher education continues to rise for 4- year private colleges and universities, 4-year public colleges and universities, 2-year com
As reported by Sandra Block in USA Today "Sallie Mae, the USA's largest private student lender, will announce today that starting May 10, rates on its Smart Option Student Loan will be 2.88% to 10.25%, based on the current London Interbank Offered Rate (LIBOR), the benchmark for the variable-rate loan. That's down from a range of 4.38% to 12.88%." While this is good news for college students and those who will begin in the fall, there's even better news! Most families can qualify for add
Boca Raton, FL - It's that time of year again when colleges send out financial aid offers, some full, some empty. But whatever the case, there's almost always some room for improvement. Case 1: A freshman at Tulane whose parents hired Reecy 2 years ago, but then decided not to use his services or expertise at financial aid time and paid the full tuition and related costs for school year 2008-2009. The recession affects the family, and they are hard pressed, but pay the 1st semest
Unappealing award letters can be appealed under the following circumstances: Your school has a history of meeting financial need and you have substantial unmet need You asked for a Federal Work-Study Award (you did, didn't you) and it was absent from your award package You didn't get a maximum Stafford Loan: 5,500; 6,500; 7,500; 7,500 Your parent's income and assets in 2009 are or will be substantially less than in 2010 - it's time to ask for Professional Judgment You rec'd a Pell G
Many students who receive a Bright Futures are in for a rude awakening! A new law requires those who drop a class and don't add one during the "drop and add period", usually a week or so into a semester, to be billed for the course - up to $378 for a 3 credit class! It's almost a Catch-22; staying in the class could result in a low grade affecting the GPA, which in turn could affect the Bright Futures! What's a student to do? Plan your schedules carefully and have backup classes to ta
2010-2011 FAFSA UPDATE The 2010-2011 FAFSA will be available just after midnight on New Year's Day! However, this doesn't mean it has to be submitted immediately. There will still be BILLIONS in need-based aid available for the forseeable future, so don't act in haste. The application has been shortened, and we will post suggestions later in the week. Every family who either has an enrolled student or is sending one off to college in the fall is encouraged to complete the
Congress has passed the Student Aid and Fiscal Responsibility Act спалниand is awaiting passage by the Senate so the feds can be the sole student lender for Stafford and Perkins Loans. Hopefully by cutting out the banks, the Pell Grant will be able to be increased, and possibly the 3.4% repayment rate on Stafford Loans by 2012 will be kept, rather having the rate revert back to 6.8%. This will not reduce borrowing rates, but it will ensure that necess
It's that time of year when students (freshmen) get settled in to a new lifestyle and upperclassmen renew friendships and prepare for another glorious year of the college experience. Parents on the other hand are wondering how they're ever going to pay for all this! If you've read other posts, you know that paying for college is the easy part, and the tough part was getting in. There are still legal ways to get more aid for the second semester and beyond even if a parent didn't lose th
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 k
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 reecy@paylessforcollege.com 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
