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This form is designed to confirm the parent assets listed on the FAFSA for the academic year 2012-2013, requiring detailed reporting of various asset values and confirming the accuracy of provided
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How to fill out 2012 - 2013 PARENT ASSET CONFIRMATION FORM

01
Start by downloading the 2012 - 2013 PARENT ASSET CONFIRMATION FORM from the official website.
02
Begin filling out your personal information at the top of the form, including your name, address, and contact details.
03
Locate the section for reporting assets; include bank account balances, real estate values, and any investments.
04
Carefully read instructions provided for each section to ensure accurate reporting.
05
Provide your answers in the corresponding boxes or spaces, ensuring all figures are accurate and current as of the specified date.
06
If required, gather supporting documentation for each asset listed, such as bank statements or property appraisals.
07
Review the entire form for completeness and accuracy before signing it.
08
Submit the form by the designated deadline, either electronically or by mail, as specified in the instructions.

Who needs 2012 - 2013 PARENT ASSET CONFIRMATION FORM?

01
Parents of students applying for financial aid or assistance through educational institutions who require verification of assets.
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Examples are checking, saving, money market accounts, and certificates of deposit. Provide a verification letter on letterhead from your financial institution, provide the most recent bank statement, or have a Form 5. Verification of Assets form completed by the financial institution.
To do this, people may need to provide documents like property deeds, bank statements, or appraisals. Asset verification is important for getting loans, renting homes, and meeting regulatory requirements.
Asset verification is a process that financial services use to confirm the existence, ownership, value, and authenticity of a person's or entity's assets. This process is part of financial activities including loan applications, wealth management, and regulatory compliance to manage risks and mitigate fraud.
Asset verification acts as a deterrent against potential asset theft or misuse. By confirming the physical existence and location of assets, companies can identify missing or misplaced equipment, reducing the risk of fraudulent activity.
Ensure that the assets are in possession of the rightful owner. Ensure that asset values are correctly disclosed in the balance sheet. Ensure that they are correctly valued having regard to their physical condition.
How can I demonstrate proof of assets? Bank Statements. Provide recent bank statements for your checking, savings, and other deposit accounts. Investment Account Statements. Retirement Account Statements. Real Estate Documents. Vehicle Valuations. Business Ownership Documents. Other Relevant Documentation.

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The 2012 - 2013 PARENT ASSET CONFIRMATION FORM is a document used to verify the financial assets of parents when applying for financial aid for students during the 2012-2013 academic year.
Parents of students applying for financial aid are required to file the 2012 - 2013 PARENT ASSET CONFIRMATION FORM if their financial information is necessary for determining the student's eligibility for aid.
To fill out the form, parents need to provide accurate information about their assets, including bank account balances, investment values, and other financial holdings as of a specific date.
The purpose of the form is to collect and confirm accurate financial information from parents, which is crucial for assessing a student’s need for financial aid.
The information that must be reported includes current balances of checking and savings accounts, value of investments (stocks, bonds, real estate), and any other significant financial assets.
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