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Bentley University Office of Financial Assistance 175 Forest Street Waltham, MA 02452 Phone: (781) 8913441 Fax: (781) 89124482015 Parent Income and Expense Worksheet for 201617 Aid Applicants Students

How to fill out 2015 parent income and

How to fill out 2015 parent income and

1. To fill out the 2015 parent income, follow these steps:
2. Obtain all relevant financial documents for the year 2015, such as tax returns, W-2 forms, and any other income statements.
3. Determine which category of parent income applies to your situation, such as employed parents, self-employed parents, or retired parents.
4. Calculate the total income for each parent separately, including wages, salaries, tips, bonuses, dividends, rental income, alimony, and any other sources of income.
5. Deduct any allowable deductions and adjustments, such as business expenses, retirement plan contributions, and self-employment taxes.
6. Combine the total income of both parents to get the overall parent income.
7. Complete the appropriate section of the 2015 parent income form provided by the organization or institution requiring this information.
8. Double-check all calculations and ensure that all required fields are filled accurately.
9. Submit the completed 2015 parent income form along with any supporting documentation as instructed.
10. Keep copies of all documents for your records.
11. Note: These are general instructions, and it is advisable to consult specific guidelines or seek professional assistance if you encounter any complexities or uncertainties.

Who needs 2015 parent income and?

1. Various organizations and institutions may need the 2015 parent income information, including:
2. - Colleges and universities during the financial aid application process
3. - Non-profit scholarship organizations
4. - Some government assistance programs
5. - Private loan providers
6. - Some apartment complexes or landlords for rental applications
7. The specific entity requesting the 2015 parent income will provide instructions on when and how to submit this information.

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What is parent income and expense?

Parent income and expense refers to the financial information provided by parents to determine their ability to contribute to their child's education expenses.

Who is required to file parent income and expense?

Parents or legal guardians of a dependent student are required to file parent income and expense.

How to fill out parent income and expense?

Parents can fill out the parent income and expense form provided by the educational institution or financial aid office.

What is the purpose of parent income and expense?

The purpose of parent income and expense is to assess the financial need of a student and determine eligibility for financial aid.

What information must be reported on parent income and expense?

Parents must report their income, assets, expenses, and other financial information on the parent income and expense form.