An asset is defined as property that has an exchange value. The purpose of collecting asset information on the federal financial aid application (FAFSA) is to determine whether a family‘s assets are substantial enough to support a contribution toward a student's cost of attendance (COA).
The attached document will assist you to better understand and answer the student’s assets questions on the federal financial aid application.
Ramon L. Rodriguez Financial Aid 06/21/2011
Attachments:
11-12 R Asset Information Instructions .pdf
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