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2015-2016 Asset Verification Form

Student’s Name

Student’s Address (including apt #)

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HGTC ID

Student’s Date of Birth

City

Student’s Home Phone (include area code)

State Zip Code E-mail

Cell Phone (include area code)

Why am I am required to complete this form? On the FAFSA application you initially submitted, you were not asked by the federal processor to complete the questions regarding asset information. This omission was an error on their part, as you are actually required to provide this information.

Why is this important to me? This will stop you from being awarded financial aid and your bill will not be paid, it will not pay to your student account to generate a refund because your FAFSA is considered incomplete by the Department of Education.

What do I do now? The Financial Aid Office has determined that the easiest way to update your FAFSA is to have you complete this form so that we can process the correction for you. Once we receive the updated FAFSA from the federal processor and all other outstanding requirements have been met (check your requirements on WaveNet), we can award you financial aid.

What happens if I don’t submit the form? Your FAFSA is considered incomplete and the Financial Aid Office will not award you financial aid.

DO NOT LEAVE BLANKS.

Enter ‘0’ or N/A if not applicable.

1. Total balance of cash, savings, checking as of the date you filed the FAFSA. $

STUDENT

Spouse if married

PARENT(s)

Required for Dependent Student

$

2. Net worth of investments as of the date you filed the FAFSA . $ $

3. Net worth of business and/or farm investments as of the date you filed the

FAFSA. $ $

Guide to determining investments:

Investments include real estate (i.e. rental property), trust funds, money market funds, mutual funds, certificates of deposit, stocks, bonds, other securities, installment & land sale contracts (including mortgages held), commodities, etc. Investment value is the market value of these investments. Don’t include the value of life insurance & retirement plans (pension funds, annuities, IRA plans, Keogh plans, etc.) or the value of prepaid tuition plans. Investment debt includes only debt related to the investments.

Business value includes the market value of land, buildings, machinery, equipment, and inventory. Business debt includes only those debts for which the business was used as collateral. Do not include the value of a small business that you (your spouse and/or your parents) own and control and that has 100 or fewer full-time or full-time equivalent employees.

Certification Statement: I swear under penalty of perjury all of the information contained in this form is true to the best of my knowledge. I understand that providing intentionally false or misleading information in an attempt to obtain federal financial aid can result in a fine of up to $20,000 and/or incarceration.

______________________________________________

Student’s Signature

_________________________________

Date

_______________________________________________

Parent’s Signature ( Required for Dependent Student)

_________________________________

Date

Submit this worksheet to:

Horry Georgetown Technical College

Financial Aid Office

PO Box 261966, Conway, SC 29528- 6066

1-855-544-HGTC (4482) Fax (843) 347-2962 2/2/15

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