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20232024 FAFSA Verification OF PARENT ASSETSStudent Name: ___ Student NU ID: ___ When your student originally completed the FAFSA, asset information was not required of the parent(s). Updates made
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How to fill out verification of parent assets

01
Obtain the verification of parent assets form from the institution or organization requesting it.
02
Fill out the form with accurate and detailed information about the parent's assets, including bank accounts, investments, real estate, and other assets.
03
Attach any supporting documents requested, such as bank statements, property deeds, or investment portfolio statements.
04
Have the parent review and sign the completed form to certify its accuracy.
05
Submit the form and any supporting documents to the appropriate party by the stated deadline.

Who needs verification of parent assets?

01
Students applying for financial aid, scholarships, or grants may be required to provide verification of parent assets to determine eligibility for financial assistance.
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Verification of parent assets is a process used to confirm the income, savings, investments, or other financial resources of a parent in order to determine eligibility for certain benefits or programs.
Parents or legal guardians of a minor child or dependent who are seeking financial assistance or support may be required to file verification of parent assets.
Verification of parent assets typically requires providing documentation such as bank statements, tax returns, and investment account statements to verify the financial resources of a parent.
The purpose of verification of parent assets is to ensure accurate determination of financial eligibility for benefits or programs based on the parent's income and resources.
Information such as income, savings, investments, real estate assets, and other financial resources must be reported on verification of parent assets.
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