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SECTION A Student Information SECTION B Asset Information

SECTION A Student Information SECTION B Asset Information 2025

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The document is a request from the University of Rhode Island for additional information regarding the financial assets of a student and their parents, as part of the verification process for the 2013-2014 FAFSA. It outlines the necessary steps to complete a worksheet detailing cash, savings, investments, and business values, which must be submitted to finalize the student's financial aid application. The document emphasizes the importance of accuracy and completeness in reporting financial information.

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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.

Can I skip FAFSA questions about assets?

Required Information: You should not skip questions about your assets unless you are certain that the question does not apply to you. The FAFSA specifically asks about various types of assets, including cash, savings, investments, and real estate (excluding your primary residence).

What should I put for student assets on FAFSA?

Dont include your parents assets. Enter the current total of any cash you have, and the combined total of all your checking and savings accounts. Enter the total value of your (and your spouses) investments, subtracting any debts.

How to answer asset question on FAFSA?

If you see the assets screen, you have to answer questions about child support, checking and savings account balances, investments, and businesses or investment farms. If you dont see the assets screen, another answer you gave on FAFSA means you dont have to report assets.

Why isnt FAFSA asking for assets?

Comments Section Most likely because you were exempt from reporting your assets. You may have answered a question incorrectly if you should be considered a dependent by FAFSA standards. IRS dependent FAFSA dependent Do any of these reasons apply? If not, youll be able to correct your application after it processes.

Why did FAFSA not ask for my finances?

The FAFSA might request for your income information if you have significant income, but usually, student income is not heavily factored into the formula unless it is quite substantial. So, if youre a dependent student and havent been asked about your income, theres no need to worry.

Why is FAFSA not asking for my assets?

The FAFSA exempts certain applicants from asset reporting, formerly called a simplified needs test, which causes assets to be disregarded if the parent income (or student income if the student is independent) is less than $60,000, and certain other criteria apply. The CSS Profile does not have a simplified needs test.

SECTION A Student Information SECTION B Asset Information 2025

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