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Office of Student Financial Services One Sinews Park, Box 4 Colchester, VT 05439 Tel. 8026543243 Fax: 8026542591 Email: fin aid smart.edu 20162017 Student Asset Worksheet Student Name: SMC ID# Please
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How to Fill Out Student's Basset Statement

Gather necessary information:

01
Collect all relevant personal details, such as full name, date of birth, and contact information.
02
Have your student identification or registration number ready.
03
Compile all relevant financial information, including income and expenses.

Understand the purpose of the Basset statement:

01
The student's Basset statement is a financial document used to determine eligibility for student loans or financial aid.
02
It assesses the student's income and expenses, allowing financial institutions to determine how much assistance can be provided.

Start with personal information:

01
Enter your full name, address, contact information, and student identification or registration number in the designated fields.
02
Confirm that all information is accurate to avoid any processing delays or discrepancies.

Provide income details:

01
List all sources of income, including part-time jobs, internships, grants, scholarships, or any other financial assistance received.
02
Specify the amounts earned or received from each source accurately.
03
Attach any relevant documentation supporting your reported income.

Document your expenses:

01
Identify and categorize all your expenses, such as tuition fees, rent, utilities, textbooks, transportation, food, and any other regular or significant costs.
02
Include specific amounts for each expense category, ensuring accuracy and completeness.
03
Keep in mind that the expenses should reflect your current financial situation.

Update and review the statement regularly:

01
As circumstances change, such as a change in income or expenses, ensure you update your Basset statement.
02
It is essential to review your statement periodically to confirm that the information provided is accurate and up-to-date.
03
Any discrepancies or inaccuracies could impact the financial assistance you may receive.

Who needs student's Basset statement?

01
Students applying for financial aid or loans: The Basset statement is required by financial institutions to assess a student's eligibility for financial assistance.
02
Educational institutions: Universities and colleges may also require the Basset statement to determine if additional financial support is needed for a student's education.
03
Parents or guardians: In some cases, parents or guardians may need to provide their financial information alongside the student's Basset statement to provide a holistic view of the family's financial situation.
Remember, it is crucial to follow instructions accurately and provide comprehensive and truthful information when filling out a student's Basset statement.
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Student's basset statement is a form used to report financial information to determine eligibility for financial aid.
Students who are applying for financial aid are required to file a basset statement.
Students can fill out the basset statement by providing accurate information about their income, assets, and expenses.
The purpose of the student's basset statement is to assess the financial need of the student and determine the amount of financial aid they are eligible to receive.
Information such as income, assets, expenses, and dependent information must be reported on the student's basset statement.
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