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Student Asset Worksheet - Financial Aid

Student Asset Worksheet - Financial Aid 2025

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The document is the 2013-2014 California Dream Act Student Asset Worksheet, which requires students to report their financial assets, including cash, investments, real estate, and business interests. It includes sections for detailing various asset types and their values as of the date of the California Dream Act Application. The form also emphasizes the importance of accuracy in reporting and includes a certification statement for students and spouses.

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What is considered an asset for financial aid?

Assets generally include any money that you have readily available, such as money in a checking or savings account. It also includes anything that holds value and can provide financial benefits in the future, such as stocks or property.

How much in assets is too much for FAFSA?

The FAFSA gives a parental asset protection allowance between about $30k and $50k. So, if your parents dont have more than that in assets, these resources wont be counted anyway. And above that threshold, its only about 5-6% of the net value of the parental assets that count toward your EFC.

How are assets calculated for financial aid?

Not all assets must be reported to determine your SAI. For purposes of the FAFSA, assets include: Current total of cash, savings, and checking accounts. Current net worth of businesses and investment farms but not including the value of crops that are grown solely for consumption by the student and his or her family.

How do I calculate my assets for FAFSA?

Asset net worth is the total value of all owned assets minus any debts. A bond is a loan made by an investor to a borrower, usually a corporation or government, who promises to repay it with interest at a set date.

What should I put for student assets in 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 does FAFSA verify student assets?

FAFSA does not check your bank accounts by default, but students selected for verification may need to supply bank statements, tax forms, or other documentation to prove the information they submitted on their form was accurate.

How does FAFSA know my assets?

3:47 6:22 Because thats the only way they can manage. This this will mainly consist of uploading documents.MoreBecause thats the only way they can manage. This this will mainly consist of uploading documents. That can show bank balances.

Student Asset Worksheet - Financial Aid 2025

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