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Student Name (Please Print Legibly) Student Social Security # or Student # The following information is required to complete your financial aid application. Please complete all applicable sections
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How to fill out parentstudent asset form
How to fill out parentstudent asset form:
01
Gather all relevant financial information: Before starting the form, gather all necessary financial documents such as bank statements, investment statements, tax returns, and records of any other assets owned.
02
Fill in personal information: Provide personal details like names, addresses, and social security numbers for both the parent and student.
03
Report income: Enter all sources of income for both the parent and student, including wages, salaries, dividends, and any other earnings.
04
List assets: Provide detailed information about any assets owned by the parent or student, such as bank accounts, real estate, stocks, bonds, or vehicles. Include the current value of each asset.
05
Disclose liabilities: Declare any outstanding debts, loans, or mortgages held by the parent or student.
06
Calculate net worth: Subtract the total liabilities from the total assets to determine the net worth of the parent and student.
07
Sign and submit the form: Review the completed form for accuracy, sign it, and submit it to the appropriate institution or organization.
Who needs parentstudent asset form:
01
Students applying for financial aid: The parentstudent asset form is often required for students who are seeking financial aid for college or other educational expenses.
02
Parents of dependent students: If the student is considered dependent, the parent or parents will need to fill out the form.
03
Financial institutions or organizations: The parentstudent asset form may be required by financial institutions or organizations to assess an individual's financial situation and determine eligibility for certain programs or services.
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