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STUDENT FINANCIAL AID HANDBOOK 20232024Accredited by Accrediting Commission for Community and Junior Colleges (ACCJC) of Western Association of Schools and Colleges (WASC)1HOW TO APPLY FOR FINANCIAL
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How to fill out financial aid - assets

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How to fill out financial aid - assets

01
Gather all the necessary financial documents
02
Identify the assets you need to report
03
List all your assets separately
04
Determine the value of each asset
05
Calculate the total value of your assets
06
Report the total value of your assets on the financial aid form
07
Submit the completed financial aid form with accurate asset information

Who needs financial aid - assets?

01
Students pursuing higher education
02
Individuals with limited financial resources
03
Those who require financial assistance to pay for education
04
Families in need of support to afford college or vocational schools
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Financial aid assets refer to the resources and investments that a student or their family possesses, which may affect their eligibility for financial aid. This includes savings accounts, real estate, stocks, and other valuables.
Typically, students applying for financial aid, along with their parents if they are dependent, are required to report their assets on the financial aid application forms.
To fill out financial aid assets, you need to gather all relevant financial documents that detail your assets, such as bank statements, investment statements, and real estate valuations, and then accurately enter this information on the financial aid application form.
The purpose of reporting financial aid assets is to assess the financial resources available to a student and their family, which helps determine the level of need-based financial assistance they may qualify for.
Information that must be reported includes cash, savings, investments, real estate (excluding primary residence), and any other significant financial resources.
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