Reecy Aresty - Articles

 (128)

Reecy Aresty has been a financial advisor since 1977, and is founder and president of College Assistance, Inc., located in Boca Raton, Florida. He has authored How To Pay For College Without Going Broke, an invaluable, critically acclaimed, parent/student manual. Arguably the most revealing book ever written on college admissions and financial aid, it is also the only book of its kind available in Spanish. In a career spanning almost three decades, Reecy has helped thousands of families send their kids to the college of their choice for less than they ever dreamed possible. For more information on admissions & financial aid, and to checkout the best college book on the market today, please visit: Paylessforcollege.com

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Popularity
221

College Families Bushwhacked by New Loan Legislation
Under the guise of aiding college families overwhelmed and victimized by the student loan crisis, The Ensuring Continued Access to Student Loans Act of 2008, not only fails its intended purpose, but actually is quite damaging to the very same students it intended to benefit. All it has done is add fuel to an ongoing fire by ensuring that colleges and lenders would benefit at the expense of students and their families… Read
By: Reecy Aresty | 10/06/2008 | College and University
Popularity
171

Harvard’s 10% Financial Aid Policy Ain’t Necessarily so
Over the past ten years, Harvard’s grant appropriations have increased 143 percent, and in 2008 and beyond, more than 90 percent of Harvard families will qualify for what appears, on the surface, to be a most generous financial aid program. Fact is, Harvard has so much money it could actually pay the tuition for the entire student body for the next 100 years and still have billions of dollars left over! Nice, if you can get it... Read
By: Reecy Aresty | 19/05/2008 | College and University
Popularity
55

The College Financial Aid Gift That Keeps on Giving
In the financial aid formulas, students have no asset protection allowance and lose 20 cents per year for every dollar in their name. Appearing asset poor can significantly help make sending a student to the college of their choice a financial reality. Gifting is one of the few legal ways this can be accomplished. Read
By: Reecy Aresty | 17/03/2008 | College and University
Popularity
50

Secrets to Saving a Fortune on College Costs: What Divorced Women Need to Know
One of financial aid’s best kept secrets is the opportunity that arises when parents are separated or divorced and there’s a substantial difference on their balance sheets. When completing financial aid applications, only the designated custodial parent’s income and assets must be listed. Thus, the designation of custodial parent ultimately determines financial aid eligibility. Read
By: Reecy Aresty | 17/03/2008 | College and University
Popularity
50

The College Loan Scandal – Evolution & Solution
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! Read
By: Reecy Aresty | 11/06/2007 | College and University
Popularity
65

How to Pay for College Without Going Broke
To ensure their children’s success in today’s intensively competitive world, parents are faced with the absolute necessity of paying for a college education. As students approach the high school years, it is understandable why so many parents feel the stress to financially prepare for tuition and related costs as they have not only gone through the roof already but continue to increase as much as 15% ever year! With no relief in sight, how can a college or college-bound family survive? Read
By: Reecy Aresty | 18/04/2007 | College and University
Popularity
57

College Families Will be Overpaying Their Taxes – Again!
Families who made their best guess as to which of the Education Tax Incentives would save them the most on their income taxes, have put their 2007 tax returns to bed. However, for many, a sigh of relief is a bit premature. Countless families, even when assisted by professional tax preparers, chose incorrectly and will or have significantly overpaid the IRS – AGAIN! Read
By: Reecy Aresty | 05/04/2007 | College and University
Popularity
62

Congress Extends Tax Deduction for Millions of College Families
Thanks to a last minute effort by Congress in December, President Bush extended the Tuition and Fees Deduction for one more year. However, while the opportunity has been viewed as a yearlong Christmas present for some of the 4.7 million families with students in college, for many – all that glitter won’t produce any gold! Read
By: Reecy Aresty | 05/04/2007 | College and University
Popularity
50

Paying for College
In today’s highly competitive admissions process, families must never lose sight of the fact that nothing is more important to parent or student than an acceptance letter! As all the aid in the world is useless without that coveted admission ticket, paying for college is your second priority. Read
By: Reecy Aresty | 05/04/2007 | College and University
Popularity
60

Private Scholarships: the Billion Dollar Rip-off!
Towards the end of every school year, most non-profit organizations hold their Awards Banquets where worthy students are honored with various scholarships. Since the organization is primarily giving the money for the student’s education, they make the fatal error of making the check payable to the student AND the college. So sets the stage for the billion dollar scholarship rip-off... Read
By: Reecy Aresty | 05/04/2007 | College and University