EXPDEP
Expense Statement for Parents
2020-2021
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 2020-21 financial aid application and need more information about your family's annual expenses.
Your parent(s) should provide the information requested below. REPORT ONLY PERSONAL EXPENSES AND
NOT THOSE RELATED TO A BUSINESS.
MONTHLY HOUSEHOLD EXPENSES:
• Monthly cost of housing (rent or home mortgage payment) $__________
• Total monthly mortgage payment for all other properties (excluding business related) $__________
• Monthly expense related to home and personal insurance $__________
• Monthly expense for all property taxes (excluding business related) $__________
• Monthly expense for heat, water and electricity $__________
• Monthly expense for telephone (including cell phone), cable, internet service $__________
• Total monthly car payment $__________
• Monthly expense related to all car insurance payments $__________
• Monthly expense related to food for your family $__________
• Monthly expense for trash and/or snow removal and lawn care $__________
• Approximate monthly cost of clothing for your family $__________
• Monthly cost for personal expenses including entertainment for all family members $__________
• Total monthly payment on consumer debt (loans, credit cards, etc. not related to
parents’ business or home ) $__________
● Other ___________________________________________________ $__________
Total per month $__________
Multiply by 12 to determine annual expenses $_________
RESOURCES:
Indicate the source(s) and annual amount(s) of the funds used to pay the expenses reported above:
Source Annual Amount Source Annual Amount
___________________ _____________ ___________________ _____________
___________________ _____________ ___________________ _____________
UNTAXED INCOME/BENEFITS:
Payments to tax-deferred pension and retirement plans for the 2018 tax year. Including, but not limited to, amounts
reported on the W-2 forms in Boxes 12a through 12d with codes D, E, F, G, H and S. DO NOT include amounts for code
DD (health benefits). Annual (2018) Amount: ______________
Other Untaxed Income (please list source and annual amount): ________________________________________
Parent Signature: ________________________________________ Date: ___________
