Get the free 2012-13 Parent Asset Information - deltacollege
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This document is intended for parents to provide their asset information, including current balances in cash, savings, investments, and business or farm values, as part of the FAFSA application process.
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How to fill out 2012-13 parent asset information
How to fill out 2012-13 Parent Asset Information
01
Gather all necessary financial documents, including bank statements, investment account statements, and property valuations.
02
Calculate total assets by listing cash, savings, investments, real estate, and any other relevant financial resources.
03
Complete the Parent Asset Information section of the FAFSA form, ensuring that all figures are accurate.
04
Report current values; for real estate, list the current market value minus any debts owed.
05
Double-check all entries for accuracy before submission.
Who needs 2012-13 Parent Asset Information?
01
Parents of students applying for federal financial aid for the academic year 2012-13.
02
Families seeking assistance in determining their eligibility for financial aid programs.
03
Institutions that require this information to assess a student's financial need.
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People Also Ask about
How to calculate parents' total assets?
Total parent assets. This includes all cash, money in savings and checking accounts, real estate, investments and the value of businesses owned. It does not include the primary home or retirement accounts.
How to find out parents' assets?
Steps on How to Find the Assets of a Deceased Person: Review Personal Documents. Search Online Accounts and Digital Records. Contact Financial Institutions. Check Local Property Records. Speak with Family, Friends, or Advisors. Conduct an Unclaimed Property Search.
What is a parent asset?
Parent Assets means all of the properties and assets (real, personal or mixed, tangible or intangible) of Parent and its Subsidiaries.
What are parent assets?
Assets include (as of the date the FAFSA is filed) cash, savings, checking, other investments such as stocks, bonds, cds, College Savings plans, real estate (but not the home in which you live) and family-owned small businesses and farms.
How to calculate household assets?
First, add up everything you own – these are your assets. Then, subtract everything you owe – these are your liabilities. Even though many of us have been out of school for a long time, a net worth calculation serves as a kind of report card.
How to calculate parent assets?
Add up total parent assets. Include all cash, money in savings and checking accounts, net investments, net real estate, and net business/farm value, but don't include your primary home or your retirement accounts. Add in any child support received for the last complete calendar year.
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What is 2012-13 Parent Asset Information?
2012-13 Parent Asset Information refers to the financial documentation required from parents during the 2012-2013 academic year that outlines their assets for purposes of financial aid assessment.
Who is required to file 2012-13 Parent Asset Information?
Parents of students applying for financial aid who are categorized as dependent students are required to file the 2012-13 Parent Asset Information.
How to fill out 2012-13 Parent Asset Information?
To fill out the 2012-13 Parent Asset Information, parents must gather all relevant financial documents and accurately report their total assets, including savings accounts, investments, and real estate, on the provided forms.
What is the purpose of 2012-13 Parent Asset Information?
The purpose of the 2012-13 Parent Asset Information is to assess the financial position of the family to determine the amount of financial aid eligible for the student.
What information must be reported on 2012-13 Parent Asset Information?
Parents must report information on their cash, savings, checking accounts, real estate (excluding the primary home), investments, and any business or farm assets they own.
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