Penn Financial Aid Application

Colleges and Universities A-Z University of Pennsylvania
1

<p>Ok so I recieved the Penn financial aid application, and I filled out most of it but I have a few questions. When they ask for a photocopy of the Parents 2006 or 1005 Federal Income Tax Return, what exactly do they want? A 1040? Also, for the question asking about a parent’s business, are you required to send in those forms (IRS forms 1120 and 1065)? My parents own a liquor store, and the question says I need to send them both, but my parents don’t have it and have never heard of it…What am i supposed to do</p>

2

<p>How long did it take before you got it? I haven't received mine, yet.</p>

3

<p>The schools my d applied to that want the 2005 tax returns want the 1040, all schedules, and all W-2s that were filed. Same for 2006 once they're available.</p>

<p>If your parents own a business, they had to file some sort of business return or business supplement to the 1040. Are they a partnership, or a corporation? Or is it a sole proprietorship that allows them to simply pass through all the income and expense? Do they have an accountant? If so, ask the accountant how he/she files the business's tax information, and send those forms to Princeton.</p>

4

<p>Just call the Penn financial aid office to make sure.</p>

5

<p>Ok i'll call the fin. aid office. My parent's tax returns are a bundle of huge forms, such as the 1040 and other forms. Do i have to photocopy and send the whole thing?</p>

6

<p>Wait, so they send you the finaid form, right? You don't have to request it?</p>

7

<p>If you mark down that you want to apply for financial aid on the application, they send you a fin aid app.</p>

8

<p>yea, but if u don't get on after a while, u can download it online.</p>

9

<p>Really? Do you have the link? I don't live in the US, so it might take a while. Is there a deadline for the finaid app?</p>

10

<p><a href="http://www.admissionsug.upenn.edu/applying/pusfaforms.php%5B/url%5D"&gt;http://www.admissionsug.upenn.edu/applying/pusfaforms.php&lt;/a&gt;&lt;/p>

<p>good luck :)</p>

11

<p>Wait, so do common App applicants have to do this financial aid app and stuff as well?</p>

<p>or do we just do the CSS Profile and the FAFSA?</p>

12

<p>yea this is so confusing.</p>

<p>when is it due?
and i dont have my 2006 forms yet.</p>

13

<p>youre supposed to make estimates from 2006 and then send the 2006 taxes and stuff once you actually get them.</p>

14

<p>due date anyone?</p>