Reviewing Custodial Parent Information

Access the Custodial Parent Data page (Financial Aid, and then Institutional Application Data, and then Maintain Application 20nn-20nn, and then Custodial Parent Data).

Parents Grid

This section of the page displays parental information including relationship to student as reported on the Profile.

Parents’ Household

For INAS to make correct IM and EFM calculations, make sure you enter values in Number Family Members and Number in College.

Parents’ Income and Benefits – Base (Prior Prior Year)

These fields are items from the United States federal income tax forms or data gathered from other applicable sources such as an institutional application or a third party source.

Field or Control Description

Child Support Received

Enter the child support received by the parents for their dependent children.

Child Support Received Student

Enter the amount of child support the custodial household received from the non-custodial household for the applicant.

Parent's Income and Benefits – Base+1 (Recent Year)

These fields are items from the United States federal income tax forms or data gathered from other applicable sources such as an institutional application or a third party source.

Parent's Income and Benefits – Base+2 (Anticipated Year)

These fields are items from the United States federal income tax forms or data gathered from other applicable sources such as an institutional application or a third party source.

Field or Control Description

Non-Custodial Parent Contribution

The amount the non-custodial parent has offered to pay for the student's educational expenses.

Parent's Assets – Current

Field or Control Description

Price

Enter purchase price of the parents' home.

Real Estate Purchase Year

Enter purchase year of any other real estate.

Price

Enter purchase price of any other real estate.

Primary Home Debt

Enter the amount of debt the family has on the home from their original mortgage.

Parents' Expenses – Base (Prior Prior Year)

Enter the parents' expenses from the Base Year for these fields.

Field or Control Description

Other Expenses

Enter the cost of any parental expenses not reported anywhere else on the Profile.

Parents' Expenses – Base+1 (Recent Year)

Enter the parents' expenses from the Recent Year for these fields.

Academic Year

Field or Control Description

Other Tuition Paid

The amount of private elementary/secondary tuition expected to be paid by the parents during the academic year.

Number of Tuition Paid

The number of children for which private elementary/secondary tuition is expected to be paid by the parents during the academic year.

Parents' Information

Field or Control Description

Parent Type 1 and Parent Type 2

Select the type of parent providing information on the Profile. Values include: Father, Legal Guardian, Mother, Other, Step Father, Step Mother.

Computed Age 1 and Computed Age 2

Indicates the calculated age for the parent.

Biological Adoptive Parent

Identifies a dependent student's custodial parent when the biological/adoptive parents are separated, divorced, or were never married. Values include: Parent 1 and Parent 2.

Veteran Indicator 1 and Veteran Indicator 2

Indicates the veteran status of parents.

Currency Information

Field or Control Description

Currency Code

Enter the currency in which the original data was reported by the student.

Currency Rate

Enter the currency conversion rate used to process the student's data.

Country Coefficient

Enter the country coefficient used to process the student's data.

Converted Currency Code

Enter the original currency converted into US dollars reported by citizens living abroad and Canadians.

Converted Currency Rate

Enter the rate the student used in converting their currency into US dollars. Reported by citizens living abroad and Canadians.

Explanation / Certification

Profile applicants can indicate on their applications a variety of Special Circumstances that may affect the calculation of financial need. These include:

  • Change in Employment

  • Medical/Dental Expenses

  • COVID-19

  • Non-Recurring Income

  • Financial Support

Profile applicants can also indicate if they have no Special Circumstances or Special Circumstances not listed in the Profile application.

Field or Control Description

Explanations Text

Displays the actual explanations and special circumstances text provided by the filer.

Correction Reason

Field or Control Description

Correction Reason

Displays the Correction Reason:

  • 1 = Changing from Independent to Dependent.

  • 2= Need to add a Business or Farm.

  • 3= Made a mistake.

  • 4= Change in Employment.

  • 5= COVID 19.

  • 6 = Medical Dental Expenses.

  • 7 = Catastrophic Event.

  • 8 = Elder Care.

  • 9 = Nonrecurring Income.

  • 10 = Financial Support.

  • 11= Other.

Correction Explanation

Displays free form text from applicant.