College Confidential’s “Dean,” Sally Rubenstone, put together 25 of her best tips. So far, the "25 Tips from the Dean" eBook has helped more than 10K students choose a college, get in, and pay for it. Get your free copy: http://goo.gl/9zDJTM
For the following questions on CSS,
Q1)What do your parent's owe on their home?
Q2)What was the purchase price of your parent's home?
Q3)What is your parents' monthly home mortage payment?
Q4)Enter the purchase price of your parent' primary motor vehicle.
Q5)Enter the current total of consumer and installment debt.
Q6)Enter the amount your parent's have in their cash savings and checking accounts as of today.
Q7)Stocks, stock options, mutual funds, bonds, and savings bonds:
Are these supposed to be accurate or just estimates? I really do not want to estimate and then have to go back and correct for each college. How did other parents/students fill these out? For the questions about how much they owe,savings, and bonds my parents say that they change constantly so it's not meant to be accurate which I can understand. For instance, for cash savings my mother thought about it and just wrote down $14,600. Is that how these questions are supposed to be filled out???? I doubt it b/c in Q6 it says "as of today".
However, for things like the purchase price of their vehicle, shouldn't that kind of information be accurate??? My mother put $15,000 for the purchase price which I'm sure is an estimate.