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Bunker Hill Community College Student and Parent Asset Form Student Name: HCC ID: If an individual asset does not apply to you, write N/A in the amount column. If the current value of the asset is
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How to fill out student and parent asset

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To fill out the student asset, you need to gather all the information about the student's assets, such as bank account balances, investments, and any other assets they may own. Once you have the necessary information, you can start filling out the asset section of the student's profile or application form.

Who needs student and parent asset?

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Student and parent assets are typically required for financial aid applications, scholarships, and college admissions processes. Anyone who is applying for financial assistance or evaluating a student's financial situation may need access to the student and parent asset information.
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Student and parent assets refer to the financial resources owned by a student and their parents, which may include savings accounts, investments, real estate, and other financial holdings. These assets are considered during the financial aid application process to determine eligibility for aid.
Students applying for financial aid and their parents are required to report their assets on the FAFSA (Free Application for Federal Student Aid) or other financial aid forms as part of the financial need assessment.
To fill out student and parent assets, you will need to gather information on all financial resources. This includes bank statements, investment records, and details about real property. The information must be entered into the FAFSA or corresponding financial forms where it specifically asks for asset values.
The purpose of collecting student and parent asset information is to assess the financial situation of the applicant and their family, which helps determine the amount of financial aid they may be eligible to receive.
The information that must be reported includes the value of cash, savings and checking accounts, investments (stocks, bonds, mutual funds), real estate (not including primary residence), and business or farm assets. Certain exemptions may apply.
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