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Our records indicate that you recently made a change to the student asset information on the Free Ap

Our records indicate that you recently made a change to the student asset information on the Free Ap 2025

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The document is a verification form for student assets required by Northern Arizona University (NAU) for the 2019-2020 academic year. It outlines the process for correcting asset information on the FAFSA, provides detailed instructions for completing the form, and specifies what constitutes student assets, including cash, investments, and business net worth. The document emphasizes the importance of accuracy and completeness in reporting financial information and includes a certification agreement that must be signed by the student.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do you answer an asset question on FAFSA?

These questions ask about the net worth of assets. This is the value of the asset minus anything you owe on the asset (technically, the debts secured by the asset). Only assets in your name, your parents name (if youre a dependent student), or your spouses name (if youre married) are reported on the FAFSA.

Do parents who make $120000 still qualify for FAFSA?

Yes, you can still apply for FAFSA (Free Application for Federal Student Aid) even if your parents have a high income. However, the amount of financial aid you receive may be limited because FAFSA primarily considers your familys financial situation when determining your eligibility for need-based aid.

What do I put for assets on FAFSA?

Most money and property owned by the parent or the child is counted as an asset on the FAFSA. This includes savings and checking accounts, cash, the net worth of a business with over one hundred full-time employees, a farm that is not the familys

Should I skip FAFSA asset questions?

Skip Questions About Parents Assets (202324) If you decide to skip these questions, doing so wont affect your eligibility for federal student aid.

Why does FAFSA ask about my assets?

The reason the FAFSA application asks for the value of your parents assets is that many (if not most) of the financial aid it is used for is need based, and by providing a false number as to the assets you have access to, you have effectively claimed to have a far, far greater level of need than you have.

Should you be worried if you are selected for verification?

If youve been selected for FAFSA verification, dont worryit doesnt mean youve made a mistake. This is a routine part of the financial aid process every year for many students across the country. This is your opportunity to make sure your information is correct.

Should I answer student assets on FAFSA?

Yes you need to accurate provide this information. Its actually the entire point of the FAFSA - how much money do you and your parents make, and how much in assets do you both have. If you have a lot, you dont get much aid. If you have none, you get more aid.

Our records indicate that you recently made a change to the student asset information on the Free Ap 2025

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