Family Information

To be considered an independent student you must meet at least one of the following criteria as defined by the federal government
How many siblings, under the age of 24, are living with your parents and are not enrolled in college?:
Not including the prospective student to the University of Rochester, how many siblings under the age of 24 live at home with the student’s parents and are not enrolled in college? For example: If there are 6 members of the household — 2 parents, 1 sibling away at college, 2 siblings who are both in high school, and the prospective student — only report the 2 siblings at home.
Total age
Please add together all the ages of your siblings who are under the age of 24 and not enrolled in college.
How many siblings are enrolled as undergraduate students?
Do not include the prospective student to the University of Rochester. For example: If there are 4 members of the household — 2 parents, 1 sibling who is enrolled in an undergraduate college program, and the prospective student to the University of Rochester — only report 1 sibling in college.
Financial support
You have indicated that your biological parents are separated, divorced, have remarried, or were never married. You will need to estimate the amount of support that your non-custodial parent will provide toward your educational expenses.

Student Assets

Cash, savings, checking
As of today, what is your total current balance of cash, savings, and checking accounts?
Investment equity (investment worth)
As of today, what is the net worth of your investments, including real estate (not your home)?
Total value of trust
This is the total value of any trust accounts available to the student's name.

Parent Income

AGI (Adjusted Gross Income)
This value is found on your most recently completed Federal IRS 1040 tax form. AGI is found on line 37 of IRS 1040, line 21 of 1040A, or line 4 of 1040EZ. Be sure to provide an estimate for 2012; do not reproduce your 2011 figures.
Father's wages, mother's wages
This value is found on your most recently completed Federal IRS 1040 tax form. Wages are found on lines 7 plus line 12 of IRS 1040, line 7 of 1040A, or line 1 of 1040EZ. You may also find this information on your W-2 form(s) in box 1, given to you by your employer(s). Be sure to provide an estimate for 2012; do not reproduce your 2011 figures.
U.S. income taxes paid
This value is found on your most recently completed Federal IRS 1040 tax form. Income tax is on line 61 of IRS 1040, line 35 of 1040A, and line 10 of the 1040EZ. Be sure to provide an estimate for 2012; do not reproduce your 2011 figures.
Untaxed Income
Enter any forms of income that are not taxed by the IRS, e.g. untaxed earnings from odd jobs, contributions to tax deferred pension plans, TANF, child support received, IRA/Keogh Payments, food allowances, foreign income exclusions, and any other miscellaneous categories of income that are untaxed. Be sure to provide an estimate for 2012; do not reproduce your 2011 figures.
Losses
Enter reported losses from your Federal IRS 1040 tax form. Losses can be found on lines 12 through 21 of IRS 1040. Report as a negative number, using the negative sign (-) as shown on IRS 1040 lines 12 through 21.

Parent Assets

Cash, savings, checking
As of today, what is your parents' total current balance of cash, savings, and checking accounts?
Total parents' assets held in student's siblings' names
As of today, what is the total value of any assets held by the parents in the name of any of the student's siblings? Examples include UGMA or UTMA accounts, Coverdell Education Savings Account, Section 529 plans, trust funds in a sibling's name, or savings accounts in a sibling's name.
Home equity
Enter the current equity value of your parent’s home as of today’s date. (Equity = Current Value – Current Debt)
Other real estate equity
Enter the current equity value of your parent’s other real estate — not your parent’s home — as of today’s date. (Equity = Current Value – Current Debt)
Investments
What is the net worth of your parent’s investments, not including real estate or your parent’s home, as of today’s date? (Net Worth = Current Value – Current Debt)
Business/farm assets
What is the net worth of any business or farm owned (either fully or partially) by your parents? (Net Worth = Current Value – Current Debt)