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20152016 INDEPENDENT STUDENT (AND SPOUSE) ASSET INFORMATION WORKSHEET Student Name Student ID Number Student Financial Aid Office at Kent State University completed the initial review of your 20152016
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Gather all the necessary documents, such as bank statements, investment statements, and records of any other assets you may have.
02
Calculate the current value of each asset using the most recent statement or record available.
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Include any assets that are considered investments or have a monetary value, such as stocks, mutual funds, real estate properties, etc.
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01
Students who are applying for financial aid for the 2015-16 academic year as independent students need to fill out the 2015-16 indep student asset form. Independent students are those who meet specific criteria set by the financial aid office, such as being at least 24 years old, married, or having dependents other than a spouse.
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The 16 independent student asset refers to the financial information that independent students must report on the FAFSA (Free Application for Federal Student Aid) to determine their eligibility for federal student aid.
Independent students who are applying for federal student aid are required to file the 16 independent student asset information as part of the FAFSA application process.
To fill out the 16 independent student asset section, students need to provide detailed financial information about their assets, including bank accounts, investments, and real estate, as applicable, on the FAFSA form.
The purpose of the 16 independent student asset section is to assess the financial resources of independent students to determine their eligibility for need-based financial aid.
Students must report information about their cash, savings, checking accounts, investments, and other assets, excluding the primary residence and retirement accounts.
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