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PELL SCHEDULES
Here is the direct link to the Pell schedules. Note that it is a
PDF document.
http://www.ifap.ed.gov/dpcletters/attachments/P0301A.pdf
INTERNATIONAL
& US STUDENT AID RESOURCES
The following information has been gathered to offer
international students additional financial aid resources on
scholarships and alternative loans.
(as a response on the Finaid-L listserve)
Below
is a list of web sites you can visit if you have access to the
internet:
www.rotary.org
www.edupass.com
www.iie.org
www.iefa.org
www.iefc.com
http://ap.att.com
www.GLOBALSLC.com
www.educaid.com/cg/cgcanhelpg.htm (Canadian students)
www.educaid.com
www.accessgroup.org
www.internationalstudent.com
www.oas.org/rowe
(Latin American/Caribbean students)
www.maco-is.com
www.internationalscholarships.com
The following are websites US students use and you may find them
helpful as well. Each
of these sites offers a free scholarship search.
www.srnexpress.com
www.collegenet.com
www.college-scholarships.com
www.theoldschool.org
www.scholarships.com
www.fastweb.com
www.wiredscholar.com
www.csfa.org
www.collegequest.com
Coming
to your campus soon?
Submitted by Tanya White, Old Dominion University
U.S.
Jails 4 Student-Loan Defaulters Until They Reveal Financial Data
By WILL POTTER, Chronicle of Higher Education
United States marshals on Thursday
arrested four people in Minnesota who had defaulted on their
student loans and failed to provide financial information at the
request of federal officials. The U.S. attorney's office in
Minneapolis said that more arrests may follow.
The debtors were not charged with a crime,
but they were jailed until they turned over personal financial
information, such as bank-account numbers, to the Federal
District Court in Minneapolis. Prosecutors said they would use
the information to garnish wages and to determine if debtors had
available funds in their bank accounts.
"We don't do it very often," said Robert Small, an assistant U.S.
attorney in Minneapolis. "The bottom line is that the
threat of arrests is an effective tool."
Mr. Small said that the crackdown, dubbed Operation
Anaconda Squeeze, did not signal a sweeping change in federal procedures for recovering money
from borrowers who fall behind in paying off federal student
loans.
"I don't know if it's going on in other
places," he said. "It's an idea we had, and I don't
know if other offices are going to follow it."
Mr. Small declined to name those arrested or disclose the
size or severity of their defaults.
In Washington, a spokesman for the U.S.
Education Department said that the department had not requested
the arrests and that they were not part of a national crackdown
on defaulters. Earlier
this month, federal prosecutors in Minnesota sent notices to 150
people stating that they must submit financial information to
the U.S. attorney's office. Of that total, 57 people complied,
and 30 people either were deceased or had left the state. People
who ignored the request were ordered by the court to undergo a
debtor's examination. Arrest warrants were issued for those who
did not show up for the examination.
On Thursday, marshals went to the homes of 10 of the
no-shows and told them to submit the information or they would
be arrested and taken to jail. Six complied. Four went to jail
but were released after turning over their financial
information. Such
heavy-handed tactics are unnecessary, said Irv Ackelsberg of
Community Legal Services, in Philadelphia. The government can
garnish wages or deny tax refunds without arresting defaulters.
"People behind in student loans are not
bad people," he said. "This is a bad system that puts
people in impossible situations. We need decreased tuition,
increased state and federal funding, and more grants instead of
loans. We don't need to put people in jail." [all they had to do was comply with the request, right?]
Copyright © 2003 by The
Chronicle of Higher Education
Tax Trivia
Fun Info for you following Tax season
Congress passed the sixteenth amendment to the Constitution, which allows
for the implementation of personal income tax, on February 3,
1913, and chose March 1 of the following year as the filing
deadline. The deadline was changed to March 15 in 1918, and, to
April 15 in 1955. Moving back the date from the end of the tax
year served two purposes -- it gave the IRS more time to handle
the work and, more importantly, more time to hang on to your
money before issuing you a refund.
When the 16th amendment was passed the tax only effected
the very wealthy, and congress wanted to collect tax from them
before they left for their summer holiday.
The following states impose no income tax on state residents: Alaska,
Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.
In addition, New Hampshire and Tennessee limit state income tax
to dividends and interest income only. In these two states, the
bulk of most people's income -- i.e., salary or wages -- goes
untaxed. Nice break!
America can celebrate Tax Freedom Day® on April 27, 2002. That is two days
earlier than in 2001 and four days earlier than in 2000.
"Two factors are combining to make the average American tax burden
lighter in 2002," said Moody, "federal tax reductions
and a slower economy."
Federal tax cuts in 2001 and 2002 lowered this year’s
average federal tax burden, and the recession in 2001 followed
by slow growth in subsequent months arrested the growth of tax
collections at all levels.
Starting in 1992, when Tax Freedom Day fell on April 19, until 2000 when
Tax Freedom Day hit May 1, the total tax burden grew markedly,
requiring 12 extra days of work from American taxpayers. With
state-local tax burdens virtually unchanged in the last decade,
the increase was entirely due to the rapid growth of federal tax
collections.
In
the United Kingdom, Tax Freedom Day 2002 fell on June 5th. This
means that for 157 days of the year, every penny earned by the
average UK resident was taken to support government
expenditures. This
year's date was two days earlier than Tax Freedom Day 2001 which
(as the April 17 Budget out-turn figures show) actually fell on
7th June... better than we had feared.
However, the real crunch comes now, with Tax Freedom Day
2003 falling on
8th June - the highest tax burden since the election of New Labour.
Submitted by Mike Szydlowski
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