Are we meant to display our parents’ contribution on simple income minus expense basis? Does the value of owned real estate create any doubts about the authenticity of parents’ contribution? I am really confused.
Suppose I have displayed expected financial support of $10k and the real estate value is $250k, will it cause any problem? Please help
Just be honest. Put your parents’ actual incomes from 2018. Put the value of your house as of the day you submit your forms. Put the outstanding amount owed on your house as of the day you file.
The income is total income. You don’t subtract your living expenses from that amount.
@happymomof1 I need to bookmark that place that helps students!!
@thumper1 - LOL! Here’s the link: https://educationusa.state.gov/
@niranjan1966 - The counselors at the closest Education USA Advising Center should be able to help you with some of this. Find the one nearest you, and have a chat with them: https://educationusa.state.gov/find-advising-center