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What are the background questions?
Justin avatar
Written by Justin
Updated over 4 months ago

The questions on this page will help streamline the application for you. To ensure we're asking questions that are relevant to you and your circumstances, the answers you provide here will impact the questions you see later in the application.

  1. Do you own or rent your primary residence? Your "primary" residence is where your family lives for more than 50% of the year.

    What if I currently don't rent or own?

    Please choose "rent" and put zeros in for any related questions. You can leave a note for the school later as well on the other considerations page.

  2. Do you own any real estate outside of your primary residence? Include all real estate, including land, vacation homes, investment properties, etc.

  3. Do you own a business? Answer "yes" if you own 1% or more of any corporation, partnership, LLC or sole proprietorship.

  4. Do you have any 529 plans? A 529 plan is a tax-advantaged account that can be used to pay for qualified education costs, including college, K-12, and apprenticeship programs. Answer "yes" if there are any plan(s) your name, your spouse's name, or in any of your dependents' names.

  5. Do you have any non-taxable income? This includes all income reported as non-taxable on your most recent tax return. Examples include child support and social security.

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