How do B-Schools calculate net assets when determining financial aid applications?

Discussion in 'Business, Careers & Education' started by merkur, Jan 4, 2012.

  1. merkur

    merkur Senior member

    Messages:
    2,907
    Likes Received:
    13
    Joined:
    Apr 5, 2008
    ..
     
    Last edited: Apr 19, 2012


  2. gladhands

    gladhands Senior member

    Messages:
    2,267
    Likes Received:
    131
    Joined:
    May 5, 2010
    Schools do not independently assess assets. They allow the government to do so via the FAFSA...which relies on self reporting. You are not required to include your primary residence or retirement savings accounts or any business with fewer than 100 employees among your assets. If you have a rental or vacation property, you sutract the amount owed on the mortgage from the total value of the property.
     


Share This Page

Styleforum is proudly sponsored by