What is the net worth of your parents' current businesses and/or investment farms?
This is a FAFSA4caster question.
If you have provided parental information, this question cannot be left blank.
Enter the net worth of your parents' current businesses and/or investment farms. Net worth means current value minus debt (what is owed).
If the net worth is:
|Net worth value||Enter|
|Ten million or more||9999999|
|Zero or less than zero||0|
Round to the nearest dollar and do not use commas or decimal points.
Business and/or investment farm value includes the market value of land, buildings, machinery, equipment, inventory, etc. Business and / or investment farm debt means only those debts for which the business or investment farm was used as collateral.
Business value does not include the value of a small business if your family owns and controls more than 50% of the business and the business has 100 or fewer full-time or full-time equivalent employees. For small business value, your family includes (1) persons directly related to you such as a parent, sister, or cousin or (2) persons who are or were related to you by marriage such as a spouse, stepparent, or sister-in-law.
Investment farm value does not include the value of a family farm that your parents live on and operate.
If you need additional help, view available Help options for assistance.