Questions regarding asset value

Paying for College Access Programs (Questbridge, Posse)
1

So I am planning to applying to QB. My income is below the median of 2015 finalists but I have a few questions regarding assets:

  1. Does QB uses market value or tax value to evaluate my family's real estates ?
  2. Does having assets around $400k-$500k affects my chances of being a finalist ?
2
  1. market value
  2. This is the QB financial qualification statement: "we encourage students who feel they have faced significant financial hardship to review these financial details carefully to see if they may qualify." What do you think? With assets around $400-500k do you feel you can make a case for "financial hardship?"
3

@planner03 I mean after 30yrs+ of working, 400k-500k isn’t really that much. Would it helps if my parents’ income last year is 25k ?

4

Apply and see what happens. Just for perspective though, a typical QB Scholar tends to have 0 assets