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Get the free 2011-2012 PARENT PETITION TO USE FUTURE YEAR INCOME - financialaid ucmerced

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This form is used by parents to petition for consideration of future year income due to special circumstances that affect financial aid eligibility when filing the FAFSA.
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How to fill out 2011-2012 PARENT PETITION TO USE FUTURE YEAR INCOME

01
Gather necessary documentation, including your 2011 tax return and current income information.
02
Obtain the 2011-2012 PARENT PETITION TO USE FUTURE YEAR INCOME form from the financial aid office or relevant website.
03
Complete the personal information section of the form, including your name, student’s name, and contact information.
04
Fill out the income section with your projected income for 2012, including wages, benefits, and any other income sources.
05
Provide additional explanations or comments regarding any changes in income or financial circumstances.
06
Review the completed form for accuracy and completeness.
07
Sign and date the form, certifying that all information provided is true and accurate.
08
Submit the form to the appropriate financial aid office by the designated deadline.

Who needs 2011-2012 PARENT PETITION TO USE FUTURE YEAR INCOME?

01
Parents or guardians of students who are applying for financial aid and whose income for 2011 does not accurately reflect their financial situation due to changes in employment, income, or other circumstances.
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The 2011-2012 Parent Petition to Use Future Year Income is a form used by parents in certain financial aid situations to request that their current year's income information be considered instead of the prior year’s income when calculating financial aid eligibility.
Parents who have experienced a significant change in income due to circumstances such as job loss, reduced work hours, or other financial hardships are typically required to file this petition.
To fill out the petition, parents need to provide details about their current financial situation, including income sources, employment status, and relevant documentation to support their claims regarding changes in their financial circumstances.
The purpose of the petition is to allow parents to present their current financial circumstances, which may differ significantly from the previous year's income, to ensure that financial aid packages are reflective of their real financial need.
The information that must be reported typically includes current income, any unique financial circumstances affecting the household, documentation of income changes, and any other relevant financial details needed for evaluating aid eligibility.
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