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Jennie Kent and Jeff Levy are independent educational consultants at BigJ Educational Consulting. They create individualized application plans for school, college, and university, and advise on “best fit” for great lists in the United States, Canada, UK, or Europe.
Read about Jennie Kent & Jeff Levy at BigJ Educational Consulting. Jennie and Jeff are Certified Educational Planners (CEP) with extensive experience and professional development in admission and financial aid advising. Between them, they are members of National Association for College Admissio.
Aug 16, 2019 · Read ideas and opinions from Jennie Kent and Jeff Levy about college admissions, financial aid, the new simplified FAFSA, and more. The official blog of BigJ Educational Consulting.
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- Believing Advice from People Who Aren’T Qualified to Give it.
- Deciding Not to Apply For Financial Aid Because “We’ll Never Qualify.”
- Not Filing Your Income Tax Returns Before Applying For Financial Aid.
- Missing The College’s Institutional deadline.
- Not Having A Savings Plan For College.
- Taking A Work Bonus in The FAFSA “Base year.”
- Listing The 529 Savings Plan as A Student Asset Instead of A Parent asset.
- Accumulating Parent Savings in A Student-Owned Account.
- Allowing The Grandparents to Write The Check Directly to The College.
- Borrowing More Than You Can afford.
I heard from a parent that an English teacher at his daughter’s school recommended “a little-known tip.” At their College Night, the teacher suggested that students select “not applying for financial aid” on their college application and wait until they’re admitted to submit the FAFSA. This advice couldn’t be more incorrect, unethical, and potentia...
Most families have no idea whether they will qualify or not. Data consistently shows that many who are the most eligible for need-based aid never submit the FAFSA.
For current high school seniors enrolling in college in the fall of 2024, the FAFSAdid not become available this year until December because of the major overhaul mandated by Congress in December 2020.Questions on the form will require accurate financial information from the 2022 tax year, and, in almost all cases, those tax returns will need to be...
Keeping track of all these can be annoying if your teen applies to many schools with Early Decision, Early Action, and Regular Decision deadlines. But it must be done. Going to each college’s website to gather and collate this information will take you or your child about 20 minutes.
One of the most destructive myths about paying for college is that the financial aid formulas will wipe out your savings. People who advise this are either ill-informed or have a hidden agenda. In the needs calculation, the penalty for savings is five cents on the dollar! The best way to prepare for the cost of college is to save, and the best way ...
The most significant factor in determining what a family is expected to pay towards college is their Adjusted Gross Income on line 11 of Form 1040 of their federal tax returns. Any income that can be postponed from the base year (2023 for students starting college in 2025, 2024 for students starting college in 2026, etc.) to the following year will...
Even though the student is the beneficiary of the 529 savings accountand the parent the custodian, the Department of Education has stipulated that these savings plans should be listed as parent assets. This is an essential advantage because parent assets are “penalized” about one-quarter as much as student assets in the federal and institutional ne...
While this can be a tax advantage, it is always a financial aid disadvantage. You must check with your tax advisor for the best approach. Parent assets are penalized at about five cents on the dollar, while student assets are penalized about between 20 and 25 cents on the dollar.
Starting with the 2024-2025 FAFSA for current high school seniors and transfer applicants, the FAFSA will no longer ask the student if anyone other than their parents has given the student any money or paid any bills on the student’s behalf. So there is no longer a problem if grandparents (or others) want to contribute to paying college costs. Howe...
College is one of the most expensive purchases a family will make. Borrowing part of this cost to earn a college degree is not an unwise choice, just as borrowing part of the cost of a home can be an intelligent way to make homeownership possible. However, borrowing too much for college can be catastrophic. Each family will need to decide for thems...
New York City, New York, U.S. Occupations. Producer. director. writer. attorney. Website. jeferylevy .com. Jefery Levy (born May 21, 1958) [1] is an American film and television director, producer, and writer, based in Beverly Hills, California.
8 Photos. Jefery Levy is mostly known for his appearance in the 2016 documentary 'Sour Grapes' under his self proclaimed nickname of 'Hollywood Jeff.' The documentary portrays the sprawling multi-million dollar wine counterfeit scam by Rudy Kurniawan, set in the fine wine auction market.
Sep 27, 2023 · by Jeff Levy | May 26, 2023. Editor’s Note: To determine how to pay for your teen’s college expenses, learning about the differences in undergraduate student loans is crucial. Jeff Levy, a Certified Educational Planner, discusses Direct Loans, Parent Plus Loans, and loans from private sources.
