Get Budget And/or Financial Statement - Forms - Forms Sc Egov Usda

The BUDGET AND/OR FINANCIAL STATEMENT is an essential document required by the USDA for applicants seeking financial assistance. This guide offers clear, step-by-step instructions on how to complete the form accurately online, ensuring that you provide the necessary information for your application process.

Follow the steps to fill out your budget and financial statement online

1. Click the ‘Get Form’ button to access the form and open it in the editor.
2. Enter the name of the applicant or borrower in the designated field as instructed.
3. Provide the home phone number and work phone number, ensuring they are current for contact purposes.
4. List the ages of all persons in the household, including dependents.
5. Complete the address section accurately to help facilitate communication.
6. Indicate the period covered by the plan by filling in the start and end dates.
7. In Part 1, outline planned expenses and payments. Begin by entering monthly cash expenses for each category, such as food, household bills, and transportation.
8. Detail debt payments, including house payments and other financial obligations, for the next 12 months.
9. In Part 2, delineate all sources of household income, including wages, gifts, and other income sources.
10. Calculate total household income by summing all entries from Part 2.
11. In Part 3, summarize total income, total expenses, and cash on hand. Calculate balance to assess financial health.
12. Complete the financial statement section by listing assets, liabilities, and debts. Provide all necessary details for verification.
13. Finally, review the entire form for accuracy before saving your changes, and select the options to download, print, or share the completed document.

Start filling out your budget and financial statement online today for a smooth application process.