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This form requests additional information regarding the income sources of parents listed on a student's FAFSA, specifically to clarify unusually low income reported for the 2011-2012 academic year.
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How to fill out 2011-2012 Clarification of Income Sources – Parent(s)

01
Obtain the 2011-2012 Clarification of Income Sources form from the financial aid office or the relevant website.
02
Review the instructions on the form carefully to understand the required information.
03
Gather the necessary documentation, including tax returns, W-2 forms, and any other income-related documents.
04
Fill out the form section by section, providing accurate information about all income sources.
05
If any section does not apply, indicate this clearly as instructed.
06
Double-check all entries for accuracy and completeness before submission.
07
Sign and date the form where required.
08
Submit the form by the specified deadline to ensure consideration.

Who needs 2011-2012 Clarification of Income Sources – Parent(s)?

01
Parents of students who are applying for financial aid and have been asked to clarify income sources.
02
Parents whose financial circumstances may have changed since the previous tax year.
03
Parents who did not report certain income sources on the initial financial aid application.
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The 2011-2012 Clarification of Income Sources – Parent(s) is a form that collects detailed information regarding the income sources of the parents of a student applying for financial aid. It is used to verify the income reported on the Free Application for Federal Student Aid (FAFSA).
Parents of students who have applied for financial aid and whose income information requires further clarification or verification are required to file this form.
To fill out the form, parents should provide accurate details regarding their sources of income, such as wages, self-employment income, and other benefits. They must complete each section thoroughly and sign the form before submission.
The purpose of this form is to clarify any discrepancies or unanswered questions regarding the income of the parents as reported on the FAFSA, enabling financial aid institutions to make accurate assessments.
Parents must report their total income from various sources including wages, self-employment earnings, social security benefits, and any other forms of income or benefits received during the 2011-2012 tax year.
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