This question asks you for the most current, combined amount of money in your parent/parents’ cash, checking and savings accounts on the day the FAFSA is filed.

What is Question 89 on the FAFSA?

This is question 89 on the paper Free Application for Federal Student Aid (FAFSA®) form. The net worth of your parents’ current investments is the amount left over after deducting the debt from the value of each investment.

What is Question 85 on FAFSA?

This is question 85 on the FAFSA. The response indicates the amount of U.S. income tax paid as reported on the student’s parents’ 2018 income tax return. If the total is a negative amount, the amount reported should be zero (0).

Should I answer FAFSA asset questions?

Can I Skip FAFSA Questions about Assets? You can only skip FAFSA questions about assets if you meet the qualifications to do so based on your answers to other questions on the application. However, that’s only because your asset information at that point doesn’t affect your eligibility for federal student aid.

Where are questions 88 and 89 on FAFSA?

The paper/pdf version of FAFSA says that the information to be reported in questions 88 and 89 may be found on W-2 forms: Questions 88 and 89 ask about earnings (wages, salaries, tips, etc.) in 2015. Answer the questions whether or not a tax return was filed.

How to answer FAFSA Question 58, parents total balance?

If your answer to question 58 was “Unmarried and both parents living together,” contact 1-800-433-3243 for assistance with answering questions 79-92. 88. As of today, what is your parents’ total current balance of cash, savings, and checking accounts? Don’t include student financial aid.

How to answer FAFSA question # 89 about parents investments?

These questions hope to capture a snapshot value of your parent (s) assets for accuracy and to help determine how much financial aid you may be eligible to receive. Fill in the total combined amount of your parent’s investments (not including retirement accounts).

Is the FAFSA website still down after 11 hours?

@LECHUGAMASTER17 @FAFSA It was down 11 hours ago when I tweeted it. Other students I talked to were experiencing the same issues. It’s fixed now though.