Financial Aid & Scholarships Office www.cabrillo.edu/services/finaid 2015-16 PARENT ASSET INFO FORM STUDENT LAST_______________________________ FIRST___________________________ MI______ ID _______________ Additional information regarding parent asset and investment information is required in order to finish determining eligibility. Use amounts as of the date you completed the FAFSA to answer the following questions. If the question does not apply to you, type "0" or "NA" for Not Applicable. As of the date you completed the FAFSA: 1. What was the total balance of cash, savings, and checking accounts? $ __________ 2. What was the Net Worth (Value minus debt) of Investments? Exclude primary residence. (Click here for more detailed information.) Exclude IRAs, 401Ks, & 403Bs $ __________ 3. What was the Net Worth (value minus debt) of Business and/or Investment Farms? $ __________ Do not report businesses with less than 100 employees. (Click here for more detailed information.) For help with these questions visit: http://studentaid.ed.gov/fafsa/filling-out#parent-info Net worth of investments Investment Value minus Investment Debt = Net Worth of Investments Investments include real estate such as rental property, land, and second or summer homes. Do NOT include your primary place of residence (that is, your home). Asset An asset is defined as property that has an exchange value. Ownership of an asset may be divided or contested in several situations: Net worth of business and/or investment farm Business/Farm Value minus Business/Farm Debt = Net Worth of Business/Farm Business or farm value includes the current market value of land, buildings, machinery, equipment, inventory, etc. To report current market value for a business, you must use the amount for which the business could sell as of the date of the application. If you are not the sole owner of the business, you should report only your share of its value and debt. CERTIFICATION: I certify that all information reported on this statement is true and complete, to the best of my knowledge. At least one parent must sign. Parent Signature____________________________________________________________________ Telephone Number___________________________________________ Date___________________ Best time to call ___________________ Email______________________________________________________________________ RETURN FORM TO: Aptos Campus 6500 Soquel Drive, Bldg. 100 Aptos, CA 95003 (831) 479-6415 OR Watsonville Center 318 Union Street Watsonville, CA 95076 (831) 786-4733 Rev. 3/26/15 FAC15RPI