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1. In the first box, enter how much Parent #1 earned in 2021.
1. In the first box, enter how much Parent #1 earned in 2021.
2. In the second box, enter how much Parent #2 earned in 2021.
2. In the second box, enter how much Parent #2 earned in 2021.
3. Click Save and Continue.
3. Click Save and Continue.
You can find this information on your parent's W-2 forms that they would have received from their employer.
You can find this information on your parent's W-2 forms that they would have received from their employer.
Depending on the amount of income reported, you may see the following questions. If you don't, click to the next screen of the wizard.
Depending on the amount of income reported, you may see the following questions. If you don't, click to the next screen of the wizard.
- Answer the question, "As of today, are either of your parents a dislocated worker?"
A dislocated worker is someone who is currently experiencing a loss of employment for one of the reasons listed.
A dislocated worker is someone who is currently experiencing a loss of employment for one of the reasons listed.
2. Answer the question regarding federal benefits your family might be receiving.
2. Answer the question regarding federal benefits your family might be receiving.
3. In the next box, enter the amount that your parents have in cash, savings, and checking AS OF TODAY.
3. In the next box, enter the amount that your parents have in cash, savings, and checking AS OF TODAY.
Subtract any bills that must be paid for the month before entering this amount.
Subtract any bills that must be paid for the month before entering this amount.
4. Enter the amount that your parents have in investments AS OF TODAY.
4. Enter the amount that your parents have in investments AS OF TODAY.
It is not unusual for this box to be zero.
It is not unusual for this box to be zero.
5. Enter the value of any businesses or investment farms that your family owns AS OF TODAY.
5. Enter the value of any businesses or investment farms that your family owns AS OF TODAY.
It is not unusual for this box to be zero. Do not include the value of businesses that have less than 100 employees.
It is not unusual for this box to be zero. Do not include the value of businesses that have less than 100 employees.
4. Click Save and Continue.
4. Click Save and Continue.
It is possible for all of these boxes to have zeroes.
It is possible for all of these boxes to have zeroes.
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