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Get the free PARENTS ADDITIONAL FINANCIAL INFORMATION FOR 2015-2016 - daltonstate

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Office of Student Financial Aid and Veteran Services 650 College Drive, Dalton, GA 307203797 Phone (706) 2724545, (800) 8294436 * Fax (706) 2722458 PARENTS ADDITIONAL FINANCIAL INFORMATION FOR 20152016
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Start by gathering all the necessary documents: Make sure you have all the relevant financial documents such as tax returns, W-2 forms, bank statements, investment statements, and any other supporting documents that may be required.
02
Understand the financial information being requested: Read the instructions carefully to comprehend what information needs to be provided. This could include details about income, assets, liabilities, and expenses.
03
Complete the sections accurately: Begin by entering the requested personal information for your parents, such as their names, social security numbers, and contact details. Then, move on to provide comprehensive details about their income, including wages, salaries, business income, or any other sources of revenue.
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Report assets and liabilities: Fill in the sections that require information on your parents' assets, such as properties, investments, savings accounts, and retirement accounts. Additionally, disclose any liabilities, such as mortgages, outstanding loans, or credit card debts.
05
Provide detailed information on expenses: Include all the relevant expenses your parents have, including but not limited to housing costs (mortgage or rent), utilities, transportation expenses, healthcare costs, and education expenses for other siblings.
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Be accurate and transparent: It is crucial to be honest and provide accurate information. Do not overestimate or underestimate any values as it may affect the evaluation of your financial needs.
Remember, the parents additional financial information is typically required by educational institutions or financial aid programs. It helps determine the financial need of the student and their family, influencing the amount of aid they may receive.
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Parents additional financial information typically includes details about income, assets, expenses, and other financial aspects that may impact a student's financial aid eligibility.
Parents or legal guardians of dependent students are usually required to file parents additional financial information.
Parents can fill out the additional financial information section on the student's financial aid application or related forms, providing accurate and detailed information about their financial situation.
The purpose of parents additional financial information is to assess the family's financial need and determine the amount of financial aid the student may be eligible to receive.
Parents may need to report details such as income, assets, expenses, and other financial obligations that could impact their ability to contribute to their child's education costs.
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