Parents Involved in a Business or Partnership

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Students whose parents have any interest or involvement in a partnership or corporation must submit additional documentation with their financial aid application.  These documents are required from custodial parents, noncustodial parents, and stepparents who have any interest or involvement in a partnership or corporation.

Examples include:

  • Federal K1 form(s)
  • page 2 of Schedule E on their personal Federal Tax Return
  • Federal 1065 tax form
  • Federal 1120(s) tax form.

Domestic Students

You are considered a domestic student if your parents live and earn their income in the U.S., or if you are an undocumented or DACA student who will or did graduate from a U.S. high school.

If you are a domestic student whose parents and/or stepparents (if applicable) have any interest or involvement in a partnership or corporation, you must submit the following additional information for all parents and stepparents as applicable: 2016 corporate or partnership federal income tax return and all Schedule K-1 forms used to file the tax return.

International Students

You are considered an international student if your parents do not file a U.S. tax return. Undocumented or DACA students who will or did graduate from a U.S. high school are considered domestic students.

If you are an international student whose parents and/or stepparents (if applicable) have any interest or involvement in a partnership or corporation, you must submit the following additional information for all parents and step-parents as applicable: certified income and expense documentation for calendar year 2016 on company letterhead.