<p>I am filling out the International Student Financial Aid Application and these questions below are quite confusing for me and my parents. I hope that you guys can help clarify them. Thank you :)</p>
<p>Section B: Parents' Information
+ Question 15: How many people, including yourself, depend on the income of your parents for daily living expenses?
---> Is the answer supposed to include my parents as well?</p>
<p>Section C: Financial Information
+ Question 22: During 2013, how much of your household income (before taxes or expenses) came from the following sources?
(a) Father's work
(b) Mother's work
(e) Family business
---> Both my parents own Company A, and my mother also owns Company B. Is (e) the sum of (a) and (b)? </p>
<p>Section D: Asset Information
+ Question 25: Does your family own a business?
--->My family owns 2 companies A and B. But there is only place to fill in one. So should I only fill in the information for one or both?</p>
<ul>
<li><p>(25c) Your parents' share of business value
---> Does this refer to the business current market value?</p></li>
<li><p>(25d) Your parents' share of business indebtedness
---> Does this ask for the initial investment debt or business loans?</p></li>
<li><p>Question 26: List value of the following
(a) Land and buildings (other than home or business)
---> If my parents own some houses, which are rented by others, do I need to include the value of those houses as well? And what about real estate?</p></li>
</ul>
<p>Section E: Expenses
+ Question 29: How much did your family spend on the following expenses in 2013?
(h) Loan payments
+ Question 30: How much money does your family owe to other people or to financial institutions? Also state reason of debt and amount paid on debt in 2013
---> If the reason of debt in Question 30 is Business Loan, should the answers in (29h) and (30) be alike? And if part of the debt was actually paid in the middle of 2012 and 2013, should I still include it here?</p>
<p>Section F: Expected Support for Educational Expenses
+ Question 32: Enter the expected amount of annual support toward your educational costs from the sources below:
Family's Income
Family's Asset
---> If my parents' income and part of their savings in the bank are used to pay for my educational expenses, should I write the part in the bank in the Family's Asset or in Other (which I can further state family saving in Section G)?</p>