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Form V1 Dependent. 2016 2017 Verification Worksheet. Dependent Student. Your 2016 2017 Free Application for Federal Student Aid (FAFSA) was selected ...
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How to fill out v1 bdependent verification worksheetb
How to fill out the V1 Dependent Verification Worksheet:
01
Start by gathering all the necessary documents and information. This includes your and your parent's or guardian's tax returns, W-2 forms, and any other financial documents that may be needed.
02
Review the worksheet carefully and fill in all the required information. This may include personal information such as your name, address, social security number, and date of birth.
03
Provide accurate information regarding your and your parent's or guardian's income. This may involve reporting wages, salaries, and any additional sources of income.
04
Indicate whether you or your parent or guardian have received any untaxed income such as child support or veterans benefits.
05
Disclose any assets that you or your parent or guardian may have, including investments, savings accounts, and real estate.
06
Complete the household size section by listing the number of family members, including yourself, who are supported by the income reported.
07
If applicable, indicate any family members who are currently enrolled at least half-time in college or university.
08
Sign and date the form, making sure to provide accurate and truthful information. Remember to keep a copy of the completed form for your records.
Who needs the V1 Dependent Verification Worksheet?
01
Students applying for financial aid who are considered dependent on their parents or guardians for support may be required to complete the V1 Dependent Verification Worksheet.
02
This form helps verify the information provided on the Free Application for Federal Student Aid (FAFSA) and ensures that the student and their family qualify for the financial assistance they are applying for.
03
Colleges and universities use this form to evaluate a student's eligibility for need-based aid programs, grants, scholarships, and loans.
Remember, each institution might have specific deadlines and requirements for submitting the V1 Dependent Verification Worksheet. It is essential to follow the instructions provided by your college or university's financial aid office to ensure the prompt processing of your financial aid application.
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