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Get 2021-2022 Parent Statement Of Assets
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How to fill out the 2021-2022 Parent Statement Of Assets online
Completing the 2021-2022 Parent Statement Of Assets is an essential step in your financial aid application process. This guide will walk you through each section of the form, ensuring you have a clear understanding of the information required.
Follow the steps to successfully complete the Parent Statement Of Assets.
- Click the ‘Get Form’ button to access the form and open it in your preferred online editing tool.
- Begin by filling out Section I, which includes the student’s information. Enter the student’s name and UNF ID number accurately to ensure proper identification of the application.
- Move to Section II, the Parent Statement of Assets. Here, provide detailed information about your parent’s assets as of the date when they signed the 2021-2022 FAFSA. Remember to include relevant investments and exclude the primary residence.
- For the total balance of cash, savings, and checking accounts, input the amount, ensuring you do not include any student financial aid.
- Next, for net worth of investments, calculate and enter this value. It should reflect the current market value of the investments minus any existing debts, and remember to exclude the value of the home you reside in.
- Complete the section for the net worth of businesses and/or investment farms. Input the market value while adhering to the provided guidelines regarding family farms and businesses.
- Ensure that no fields are left blank; if a question does not apply, indicate zero to avoid omissions.
- Proceed to Section III for required signatures. Both the student and the parent must sign and date the form to certify that all information provided is accurate and true.
- After completing the form, you can save any changes made. The completed document can be downloaded, printed, or shared as necessary, following the submission guidelines provided.
Complete your Parent Statement Of Assets online today to ensure your financial aid application is processed smoothly.
The parent asset conversion rate for the 2023 – 2024 FAFSA is 12% of the total value when calculating the expected family contribution (see page 9, line 23 of the FAFSA EFC Formula Guide.)
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