Parents’ Total of Cash, Savings, and Checking Accounts

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This is question 90 on the FAFSA.

The response indicates the student’s parents’ combined total from cash, savings, and checking accounts as of the day the FAFSA was completed.

If the student is Dependent, the response can be blank only if the parents’ current assets do not exceed the asset threshold amount determined by CPS, or the student meets the simplified needs test or qualifies for an automatic zero Expected Family Contribution (EFC).

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