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201819 Student Asset Worksheet Rush University Offices of Student Financial Instructions: A review by our office reveals possible discrepancies between the value of assets reported on the FAFSA form

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What is tuition and financial aid?

Tuition refers to the fees charged for instruction at an educational institution, while financial aid is the funding provided to help students pay for their education, which may include grants, scholarships, loans, and work-study opportunities.

Who is required to file tuition and financial aid?

Students who are seeking financial assistance to cover their tuition costs are typically required to file for financial aid. This includes high school graduates entering college, current college students, and sometimes returning adults pursuing further education.

How to fill out tuition and financial aid?

To fill out tuition and financial aid applications, students should gather necessary documents such as tax returns and financial information, complete required forms like the FAFSA (Free Application for Federal Student Aid), and submit it through the appropriate channels by the deadline.

What is the purpose of tuition and financial aid?

The purpose of tuition is to cover the operational costs of educational institutions, while financial aid aims to make education accessible by alleviating the financial burden on students and their families.

What information must be reported on tuition and financial aid?

Applicants must report personal information, family income, assets, number of dependents, and other relevant financial details. This information is used to determine eligibility for financial aid.

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