F
inancial Aid
STUDENT/SPOUSE ASSET WORKSHEET
Student Name IRSC ID
Please complete this worksheet to clarify asset information, listing each asset’s value and debt. This
information should be what was reported as of the day you completed your current years Free
Application for Federal Student Aid (FAFSA). If an answer is ZERO, please write 0 and do not leave it
blank. If the students’ tax return indicates the existence of an asset, but a zero is entered on this form
please provide an explanation below.
MARKET VALUE DEBT
REAL ESTATE: $ $
(Such as land, rental property, second and summer homes.
DO NOT INCLUDE THE HOME YOU LIVE IN.)
BUSINESS: $ $
(Include land, buildings, inventories, equipment, machinery, etc.)
Note: Business value does not include the value of a small business
that you (or your spouse) own and control and that has 100 or fewer
full-time or full-time equivalent employees; if this is the case, enter
zero.
FARM INVESTMENT: $ $
(Include livestock, machinery, land, buildings, equipment, etc.)
Investment farm value does not include the value of a family farm
that you (or your spouse) live on and operate; if this is
the case, enter
zero.
If the DEBT on any of the above assets is more than the VALUE, please provide a written explanation
below. Any debt reported should be debt that is directly related to the exact same asset.
By signing this form, I certify that the information provided on this form is complete and correct to the best of my
knowledge.
Student Signature and Date
OR
Spouse Signature and Date
IRSC is an EA/EO educational institution.
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