ASSETS
Asset Summary for Student
2019-2020
Office of Financial Aid ▪ 100 East 8
th
Street ▪ PO Box 9000 ▪ Holland, MI 49422-9000
P: 616-395-7765 ▪ F: 616-395-7160 ▪ finaid@hope.edu ▪ hope.edu/financialaid
We are reviewing your 2019-20 financial aid application and need clarification of your assets. Please provide the following
information, noting the market value as of the date the FAFSA was filed. If the response is "none", enter a zero
under ‘DOLLAR VALUE’.
EXCLUDE the value of the home in which you live and the value of life insurance or retirement plans (pension funds,
annuities, noneducation IRAs, Keogh plans, etc).
STUDENT’S GENERAL ASSET INFORMATION DOLLAR VALUE
Cash, savings, and checking accounts: $_______________
Trust funds: +_______________
Stocks, stock options, bonds, other securities, and mutual funds: +_______________
Money market funds: +_______________
Certificates of deposit: +_______________
Commodities: +_______________
Coverdell Savings Accounts: +_______________
529 College Savings Plans: +_______________
UGMA and/or UTMA Account: +_______________
Refund value of 529 State Prepaid Tuition plans
(If owned by student – INDEPENDENT Students only) +_______________
Net value of installment & land sale contracts (including mortgages held): +_______________
“Other real estate”, including rental property, land, second homes, etc.: +_______________
(market value minus debt – do not include the home you live in)
Other investments including personal investment in a business or partnership
Type: ___________________________________ +_______________
Type: ___________________________________ +_______________
TOTAL: $_____________
STUDENT’S BUSINESS ASSET INFORMATION (Leave blank if not applicable.)
If you own more than one business, complete a separate form for each.
Is the business more than 50% family-owned and controlled?
YES
NO
Does the business have 100 or fewer full-time equivalent employees?
YES
NO
1. What is the business worth today? (market value of land, buildings, machinery, equipment, inventory, etc.) $__________
2. What is the business-related debt today? (include only those debts for which the business was used as collateral)
$________
STUDENT’S INVESTMENT FARM ASSET INFORMATION (Leave blank if not applicable.) Is
the farm your principal place of residence, and did you claim on Schedule F of your 2017 federal tax return that you
“materially participated in the farm's operation"?
YES
NO
If No:
1
. What is the farm worth today? (market value of land, buildings, machinery, equipment, inventory, etc.) $__________
2. What is the farm-related debt today? (include only those debts for which the farm was used as collateral
) $__________
Student Signature: ___________________________________ Date Signed: ___________________
