Mail to: NCC Financial Aid Form - 12
P.O. Box 7488
Rocky Mount, NC 27804
___________________________________________ ________________________
Print Student’s Name NCC Student ID Number
___________________________________________ ________________________
Student’s Signature Date
____________________________________________ ________________________
Parent’s Signature (If parent information is Date
2020-2021
Nash Community College
Asset Information
Please read the following information and answer any questions that may apply to you (student) and/or your
parent.
Types of asset information to include or not include in your answers.
Investments include real estate (Do not include the family home), trust funds, Uniform Gifts to Minors Act
(UGMA), and Uniform Transfers to Minors Act (UTMA) accounts, money market funds, mutual funds, certificates
of deposit, stocks, stock options, bonds, other securities, Coverdell savings accounts, 529 college savings plans,
the refund value of 529 state prepaid tuition plans, installment and land sale contracts, commodities, etc. For
more information about reporting educational savings plans call 1-800-444-3243. Investment value means the
current balance or market value of these investments as of today. Investment debt means only those debts that
are related to the investments.
Business and/or investment farm value includes 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 life insurance, retirement plans (pension funds, annuities, non-education
IRAs, Keogh plans, etc.) or cash, savings, and checking accounts previously reported
1. As of today, what is the net worth of investments, including real estate (not the family home)? (Net
worth means current value minus debt)
Student: $_________________________________ and/or Parent: $______________________________
2. As of today, what is the net worth of the current business and/or investment farms?
Do not include the value of a family farm that you and/or parents live on and
operate. Do not include the value of a small business that you and/or parents own
and control and that has 100 or fewer full-time or full-time equivalent employees.
Student: $_________________________________ and/or Parent: $______________________________
3. As of today what is your (your spouse's) total current balance of cash, savings and checking?
Student: $_________________________________ and/or Parent: $______________________________
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