Fillable 2020-21 Asset Verification Worksheet (Eastern Florida State College)

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2020-21 Asset Verification Worksheet (Eastern Florida State College)

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* This form must be submitted by the priority deadline to ensure a determination of eligibility before the Fee Due Date. Students may still apply
for aid after the priority deadlines, but EFSC cannot guarantee that late submissions will be notified of aid eligibility prior to the Fee Due Date.
01/27/20
21AI
FA Verification
2020-21 Asset Verification Worksheet
Independent Student
Additional information is required to complete the verification of your 2020-21 application for federal student aid.
Provide the following information as of the day you completed your 2020-21 Free Application for Federal Student Aid
(FAFSA) using the definitions provided in Section B.
Priority Deadlines*: Fall 2020 – 07/23/20 | Spring 2021 – 11/30/20 | Summer 2021 – 04/22/21
A. Student Information
B#
Last Name First Name M.I. Student ID
B. Definitions
Net worth means current value minus debt. If net worth is negative, enter 0 (zero).
Investment value means the current balance or market value of these investments as of the day you submitted your
FAFSA.
Investment debt means only those debts that are related to the investments.
Investments include:
• Bonds
• Certificates of deposit
• Commodities
• Installment and land sale contracts (including mortgages held)
• Money market funds
• Mutual funds
• Qualified educational benefits or education savings accounts (e.g., Coverdell savings accounts, 529 college
savings plans and the refund value of 529 prepaid tuition plans); include all accounts owned by the student
• Real estate (do not include the home in which you live)
• Rental property (includes a unit within a family home that has its own entrance, kitchen, and bath rented to
someone other than a family member)
• Stocks
• Stock options
• Trust funds
• UGMA and UTMA accounts (NOTE: UGMA and UTMA accounts are considered assets of the students and must
be reported as an asset of the student on the FAFSA. Do not include UGMA and UTMA accounts for which you
are the custodian but not the owner.)
• Other securities
EFSC Office of Financial Aid
www.easternflorida.edu/go/aid | (321) 433-7339 | finaid@easternflorida.edu
2
Investments do not include the home in which you (and if married, your spouse) live; cash, savings and
checking accounts; the value of life insurance and retirement plans (401[k] plans, pension funds, annuities,
non-education IRAs, Keogh plans, etc.).
Business value does not include the value of a small business if your 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, your family includes (1) persons directly related to you, such as a parent, sister or cousin, or (2) persons who
are or were related to you by marriage, such as a spouse, stepparent or sister-in-law.
C. Student’s (and Spouse’s, if Married) Asset Information
Do not leave any field blank. Enter “0” (zero) if there is no balance or net worth.
ASSET
AMOUNT
Cash/Savings/Checking Balance
$
Investment Net Worth
$
Business and Farm Net Worth
$
D. Certification and Signature
By signing below I certify that all of the information reported is
complete and correct.
Student’s Original Signature (cannot be signed electronically) Date
WARNING: If you purposely give
false or misleading information, you
may be fined, sent to prison, or both.
EFSC Office of Financial Aid
www.easternflorida.edu/go/aid | (321) 433-7339 | finaid@easternflorida.edu
3
E. Document Submission
You may submit this document by the following methods:
1. EFSC DOCUMENT DROPBOX (RECOMMENDED)
Print and complete this document (including the original signatures), scan the document, and upload the
document via the Document Dropbox in myEFSC. Printers and scanners are available in EFSC’s open
computer labs and libraries.
2. IN PERSON
Submit your document in person at the Office of Financial Aid on any campus:
Cocoa
Building 11, Room 209
Monday through Thursday, 8 a.m. to 7 p.m.
Palm Bay
Building 1, Room 117
Monday through Thursday, 8 a.m. to 7 p.m.
Melbourne
Building 1, Room 137
Monday through Thursday, 8 a.m. to 7 p.m.
Titusville
Building 3, Room 125
Monday through Wednesday, 8 a.m. to 5:30 p.m.
Thursday, 8 a.m. to 7 p.m.
3. BY MAIL
Mail your document to the Office of Financial Aid on any campus:
Cocoa
Eastern Florida State College
Office of Financial Aid, C11-209
1519 Clearlake Road
Cocoa, FL 32922
Eastern Florida State College
Office of Financial Aid, PB1-117
250 Community College Parkway
Melbourne
Eastern Florida State College
Office of Financial Aid, M1-137
3865 N. Wickham Road
Melbourne, FL 32935
Eastern Florida State College
Office of Financial Aid, T3-125
1311 N. US 1
QUESTIONS?
Financial Aid Specialists are available at the campus locations listed above, by phone at 321-433-7339, and via e-mail at
finaid@easternflorida.edu.
Eastern Florida State College is committed to equal access/equal opportunity in its programs, activities, and employment.
For additional information, visit Eastern Florida State College: easternflorida.edu/go/equity.
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2020-21 Asset Verification Worksheet (Eastern Florida State College)

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Completed 21 July 2020

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