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How to fill out the International Financial Questionnaire online
Completing the International Financial Questionnaire is a crucial step for international applicants seeking admission and scholarships at Berea College. This guide provides clear instructions to help you navigate through the form and ensure that all necessary information is accurately submitted.
Follow the steps to successfully complete the International Financial Questionnaire.
- Click the ‘Get Form’ button to obtain the International Financial Questionnaire and open it in the editor.
- In the personal information section, provide your full name, including your last name, first name, and middle name. Additionally, list the names of other colleges or universities to which you are applying.
- Indicate the marital status of your parent(s) by checking one of the provided options.
- For the family employment information, input details for each relevant family member, including their name, occupation, and employer. Ensure all applicable individuals are included.
- Identify the primary source of family income, selecting from the provided options. Then, specify your family’s total annual income in U.S. dollars.
- If your family owns a house, answer the subsequent questions regarding the purchase year, original price, current value, and remaining mortgage balance.
- List other family assets, such as land, savings, investments, and any other amounts owed to your family, along with their values.
- Indicate whether you or your family have assets in another country and provide the details regarding these assets.
- If applicable, list any automobiles owned by the family along with their make and year of manufacture.
- In the family expenses section, list all dependents who rely on your family's income for daily living expenses, along with their relationships and ages.
- Provide educational cost information for each dependent attending school, including school name, annual cost, and any financial support received.
- Detail the number of persons financially dependent on you, excluding yourself, and provide their information.
- Input the total amount of money your family owes to others and provide a brief explanation for borrowing this money.
- Indicate whether your family employs others, including the number of people employed in your home and family business.
- Outline all support you expect to receive each year for college expenses from various sources, such as family income, summer wages, and any grants or scholarships.
- Document all agencies or foundations you plan to apply to for financial assistance, including their expected award amounts.
- Explain how you plan to cover transportation costs to Berea College.
- List the documentation you will provide to verify the income and asset information indicated on this form.
- Specify the source of funds you will use to make the required $2,200 deposit if offered admission.
- If you cannot make the full deposit, indicate how much you will be able to deposit.
- Finally, certify that the information provided is accurate by signing the form and including the dates of signatures from all required parties.
- After completing all sections of the form, review for accuracy, then save your changes and download, print, or share the completed document as needed.
Start filling out your International Financial Questionnaire online today for a smooth application process.
International financial standards are guidelines established to ensure transparency, accountability, and efficiency in financial reporting across different countries. These include frameworks such as the International Financial Reporting Standards (IFRS) and principles set by organizations like the International Accounting Standards Board (IASB). Adhering to these standards fosters trust among investors and stakeholders. When filling out the International Financial Questionnaire, awareness of these standards helps maintain compliance.
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