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FOOTHILL COLLEGE FINANCIAL AID OFFICE 12345 El Monte Rd. Los Altos Hills CA 94022-4599 DE ANZA COLLEGE 21250 Stevens Creek Blvd. Cupertino CA 95014-5793 2016-2017 Net Worth Statement Student s NameSID Last First Preferred Name if different than above Instructions Net Worth equals current balance or market value minus debt. Accounts already listed in FAFSA questions 40 and 88. See paper FAFSA instructions for questions 42 43 91 and 92 for more detail on what to include. Other investments...

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How to fill out 2016-2017 net worth statement

01

Gather all necessary financial documents such as bank statements, investment portfolios, and property valuation documents.

02

Download the official 2016-2017 net worth statement form from the appropriate government or financial institution website.

03

Start by filling out your personal information including your name, address, and social security number.

04

Provide details about your assets such as bank account balances, investment accounts, real estate properties, and other valuable possessions.

05

Include information about your liabilities such as mortgages, loans, and credit card debts.

06

Calculate the difference between your total assets and total liabilities to determine your net worth.

07

Review the completed net worth statement form for accuracy and make any necessary corrections.

08

Sign and date the form, and attach any supporting documentation if required.

09

Submit the net worth statement to the appropriate authority or financial institution as instructed.

Who needs 2016-2017 net worth statement?

01

Individuals who are applying for a mortgage or a loan may be required to provide a net worth statement to the lender.

02

Business owners and entrepreneurs often need a net worth statement when seeking investments or partnerships.

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High-net-worth individuals may use a net worth statement for personal financial planning or tax purposes.

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Divorcing spouses may need to provide a net worth statement during the settlement process.

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Individuals who are considering bankruptcy may be asked to provide a net worth statement to the court.

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Financial advisors and wealth managers may request a net worth statement from their clients to assess their financial situation.

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Government agencies and financial institutions may require a net worth statement for regulatory and compliance purposes.

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