Get the free 2012-2013 Parent Asset Information - ecu

This form is used by parents to provide their asset information for the 2012-2013 FAFSA application. It requires information on cash, savings, real estate, investments, and business holdings. Parents

How to fill out 2012-2013 parent asset information

How to fill out 2012-2013 Parent Asset Information

1. Gather all relevant financial documents including bank statements, investment account statements, and real estate valuations.
2. Start with the asset section of the form, entering the total amount in each account you have as of the date requested.
3. For cash assets, include the total balance of checking and savings accounts.
4. For investments, include stocks, bonds, mutual funds, and other securities, reporting their current value.
5. List any real estate owned, including the market value and date of purchase.
6. Report any business assets if you own a business, including value estimates.
7. Double-check all amounts for accuracy and completeness before submission.

Who needs 2012-2013 Parent Asset Information?

1. Parents or guardians of college-bound students applying for financial aid.
2. Financial aid offices at colleges and universities to assess financial need for aid eligibility.

People Also Ask about

Should I skip parents' assets questions on FAFSA?

Yes you need to accurate provide this information. It's actually the entire point of the FAFSA - how much money do you and your parents make, and how much in assets do you both have. If you have a lot, you don't get much aid. If you have none, you get more aid.

Why does FAFSA ask for parent assets?

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What is the most common mistake made on the FAFSA?

Some of the most common FAFSA errors are: Leaving blank fields: Too many blanks may cause miscalculations and an application rejection. Enter a '0' or 'not applicable' instead of leaving a blank. Using commas or decimal points in numeric fields: Always round to the nearest dollar.

Can you skip FAFSA questions about your parents' assets?

You can't submit your FAFSA without your parent's tax info unless you are homeless, emancipated, married, or over the age of 24 and considered independent. Contact your financial aid office for guidance on your situation.

What are parent assets on FAFSA?

Required Information: You should not skip questions about your assets unless you are certain that the question does not apply to you. The FAFSA specifically asks about various types of assets, including cash, savings, investments, and real estate (excluding your primary residence).

Should I put my parents' assets on FAFSA?

Most money and property owned by the parent or the child is counted as an asset on the FAFSA. This includes savings and checking accounts, cash, the net worth of a business with over one hundred full-time employees, a farm that is not the family's

Do I have to report assets on FAFSA?

Only assets in your name, your parent's name (if you're a dependent student), or your spouse's name (if you're married) are reported on the FAFSA. Assets held by others, such as a grandparent, aunt, uncle, cousin or sibling, are not reported on the FAFSA, but may be reported on the CSS/Financial Aid PROFILE.

Should I skip FAFSA asset questions?

Skip Questions About Parents' Assets (2023–24) If you decide to skip these questions, doing so won't affect your eligibility for federal student aid.

Should you answer assets on FAFSA?

There are other items you should have on hand to complete the FAFSA form: your child's SSN (and Alien Registration number [A-number] if they are an eligible noncitizen) your spouse's name, date of birth, SSN (if they have one), and email address if you're married.

Should I answer questions about assets on FAFSA?

Yes you need to accurate provide this information. It's actually the entire point of the FAFSA - how much money do you and your parents make, and how much in assets do you both have. If you have a lot, you don't get much aid. If you have none, you get more aid.

For pdfFiller’s FAQs

What is 2012-2013 Parent Asset Information?

2012-2013 Parent Asset Information refers to the financial details that parents need to report regarding their assets when applying for financial aid for their children's education during the specified academic year.

Who is required to file 2012-2013 Parent Asset Information?

Parents of students applying for financial aid for the 2012-2013 academic year are required to file the Parent Asset Information, particularly those applying for federal aid through programs like FAFSA.

How to fill out 2012-2013 Parent Asset Information?

To fill out the 2012-2013 Parent Asset Information, parents must gather financial documents, complete the FAFSA form, and accurately report their assets as directed in the form's guidance.

What is the purpose of 2012-2013 Parent Asset Information?

The purpose of the 2012-2013 Parent Asset Information is to assess the financial capacity of the parents to contribute to their child's education, which helps determine the amount of financial aid that may be allocated.

What information must be reported on 2012-2013 Parent Asset Information?

Parents must report information such as bank account balances, real estate holdings, investments, and any other assets or savings that are relevant to assessing their financial situation.