Return To FAFSA Guide
If your answer to question 59 was “Unmarried and both parents living together,” contact 1-800-433-3243 for assistance with answering questions 80-94.

90.  As of today, what is your parents’ total current balance of cash, savings, and checking accounts? Don’t include student financial aid.
  • $__ , __ __ __ , __ __ __

Why are they asking this information?

This question asks you for the most current, combined amount of money in your parent/parents’ cash, checking and savings accounts on the day the FAFSA is filed. Even though they are reporting past tax return figures, the FAFSA gathers more current information, such as the answer to this question to gain insight into their current financial situation.

How to answer this question / fill out this section

Fill in the total combined amount from your parent’s or parents’ checking and savings accounts, as well as any additional cash they may have. This figure should reflect that total amount on the day you file your FAFSA.

 

John Haggerty lives in Philadelphia and is currently employed at Swarthmore College, located in the suburbs of Philadelphia, and comes in ranked #4 in the 2017 edition of Best Colleges in National Liberal Arts Colleges. He has 8 years experience in financial aid. John loves working in higher education knowing that he might play a small part in helping students along their path through college and into the world.

john-haggerty-fafsa-1.png

Want The Answers To Every FAFSA Question?

Here's A Step-By-Step Guide From Our Financial Aid Expert!