Office of Financial Aid
710 Colegate Drive, Marietta, OH 45750
Phone: 740.568.1908 Fax: 740.376.0257
E-mail: finaid@wscc.edu
2020-2021 INDEPENDENT STUDENT ASSET FORM
Student Name: ___________________________________ WSCC ID: _______________ DOB: _____/_____/________
Please provide the following information as of the date the Free Application for Federal Student Aid (FAFSA) was filed:
If you have no value, list “$0” on the line, do not leave blank.
Value as of date
you filed the FAFSA
Investment(s)
INCLUDE: Real estate (but not the home you live in), rental property (including a unit within a family home
that has its own entrance, kitchen, and bath rented to someone other than a family member), trust funds,
UGMA and UTMA accounts, money market funds, mutual funds, certificates of deposit, stocks, stock
options, bonds, other securities, installment and land sale contracts (including mortgages held),
commodities, etc. Qualified educational benefits or education savings accounts such as Coverdell Savings
Accounts, 529 college savings plans, the refund value of 529 prepaid tuition plans (accounts owned by the
student and all accounts owned by the parents for any member of the household are reported as parental
investments). For more information about reporting education savings plans, call FAFSA at 1-800-433-3243.
DO NOT INCLUDE: The home you live in, the value of life insurance, retirement plans (401(k) plans, pension
funds, annuities, non-education IRAs, Keogh plans, etc.), or cash, savings, and checking accounts. Also do not
include UGMA and UTMA accounts for which you are the custodian, but not the owner.
(*Net worth means current balance or market value of these investments as of today, minus investment debt.
Investment debt means only those debts that are related to the investments.)
Provide Net Worth* of investment(s), including real estate but not the home you live in:
Business(es) and/or Investment Farm Value
INCLUDE: The market value of land, buildings, machinery, equipment, inventory, etc. Business and/or
investment farm debt means only those debts for which the business or investment farm was used as
collateral.
DO NOT INCLUDE: The value of a small business that the student’s family owns and controls more than 50
percent of the business and the business has 100 or fewer full-time or full-time equivalent employees. For
small business value, family includes (1) person directly related to the student, such as a parent, sister, or
cousin, or (2) persons who are or were related to the student by marriage, such as a spouse, stepparent, or
sister-in-law. Investment farm value does not include the value of a family farm that you (your spouse
and/or your parents) live on and operate.
(**Net worth means current business value minus business debt)
Provide Net Worth** of business(es) and/or investment farm, not including family farm where
you live and operate and/or family business with 100 or less full-time employees:
Total balance of Cash, Savings & Checking accounts:
Certification: I certify that all information reported to qualify for federal student aid is complete and correct.
____________________________ ____________
Student Signature (required) Date
