<p>I was really confused with this question : "Enter the total value of your parents' assets held in the names of your (the student's) brothers and sisters who are under age 19 and not college students"
And my parents don't understand English,</p>
<p>So i just put 0 because I don't own anything that is held in my parents name. Is this correct or did I do something wrong?</p>
<p>The question is asking about sibling assets. Like if you have brothers or sisters with bank account, 529s, savings, checkings, stocks, property in their names. Not your stuff, but your siblings. PROFILE will include sibling assets which FAFSA does not, so that parents cannot put an account in their kids’ names to avoid having to report it as their asset and make out, since PROFILE counts it all the same.</p>
<p>There is a whole section for your own assets. This has to do with siblings, if you have any under the age of 19 and not in college.</p>