Berea College Financial Resource Questionnaire

The Financial Resource Questionnaire (FRQ) is a form unique to Berea to assist in determining if an applicant meets the College's financial eligibility requirement. It is imperative that complete and accurate information is provided.

Student/Applicant First Name

Student/Applicant Last Name

Student/Applicant Birthdate

Student/Applicant Email

State of Residence

Select the option(s) that apply to you, the student/applicant.

I will be 24 or older by Dec 31, 2024.

I am married (not separated or divorced).

I have children of my own who will receive more than half of their support from me between July 1, 2025 to June 30, 2026.

I have dependents (other than children or a spouse) who live with me and receive more than half of their support from me.

At any time since turning 13, I was an orphan with no living parent, even if I have since been adopted.

At any time since turning 13, I was a ward of the court.

At any time since turning 13, I was in foster care.

I am or was a legally emancipated minor, as determined by a court in my state of residence.

I am in a legal guardianship with someone other than my parent or stepparent, as determined by a court.

I am an unaccompanied youth who is homeless OR self-supporting and at risk of being homeless.

I am currently serving on active duty in the U.S. armed forces for purposes other than training.

I am a veteran of the U.S. armed forces.

I do not live with either of my parents and contacting them would put me at risk.

None of these apply

Based upon the questions and financial nature of this form, applicants need to complete this form alongside a parent or stepparent. It is imperative that complete and accurate information is provided.

Parental and Household Information

Which of the following best represents your (the student’s) living situation the majority of the time?

I live with my mother only.

I live with my father only.

I live with my mother and a stepparent.

I live with my father and a stepparent.

My parents and I all live together.

PLEASE READ CAREFULLY: The FAFSA requires that students report information about the parent that provides the greater portion of their financial support. What does the household that provides the majority of your (the student's) financial support look like?

The parent who provides my support is single.

The parent who provides my support is married/remarried.

Please provide the name(s) of the parent(s) in this household.

Parent 1 Name

Parent/Stepparent 2 Name

How many people are in this household? (Include the parent (and their spouse), the student, and the parent’s dependent children, even if they live apart from the parent because of college enrollment. Also include other people if they live with the parent and the parent will provide more than half of their support between July 1, 2025, and June 30, 2026.)

Financial and Benefit Information

For the name(s) listed above, please provide their income and other financial details below. If this parent is married/remarried, you're also required to provide information about your stepparent. This entire household must be considered when answering the following questions.

At any time during 2023 or 2024, did anyone in this household receive benefits from any of the following federal programs? Select all that apply.

Earned income tax credit (EITC)

Federal housing assistance

Medicaid

Refundable credit for coverage under a qualified health plan (QHP)

Supplemental Nutrition Assistance Program (SNAP)

Supplemental Security Income (SSI)

Temporary Assistance for Needy Families (TANF)

Special Supplemental Nutrition Program for Women, Infants, and Children (WIC)

None of these apply

What is the parent's 2023 tax filing status?

Single

Married filing Jointly

Married filing Separately

Head of Household

Qualifying Surviving Spouse

Did not file

Will file

Please tell us why the parent did not file taxes (e.g. income below threshold, filed extension) and provide an estimated income.

Did the parent file a Schedule A, B, C, D, E, F or H with their 2023 IRS Form 1040? (Select all that apply.)

Schedule A

Schedule B

Schedule C

Schedule D

Schedule E

Schedule F

Schedule H

Not Applicable

Adjusted Gross Income (AGI) for the 2023 tax year. (Refer to line 11 of the 2023 IRS Form 1040)

Current total of cash, savings, and checking accounts.

Current net worth of investments, including real estate. (Don't include the home the parent lives in. Net worth is the value of the investments minus any debts owed against them.)

Current net worth of business and investment farms. (Enter the net worth of the parent's businesses or for-profit agricultural operations. Net worth is the value of the businesses or farms minus any debts owed against them.)

Since you selected "Married filing separately", please provide the Adjusted Gross Income (AGI) for the 2023 tax year of the second parent. (Refer to line 11 of the 2023 IRS Form 1040)

For the second parent, provide their current total of cash, savings, and checking accounts.

For the second parent, provide current net worth of investments, including real estate. (Don't include the home the parent lives in. Net worth is the value of the investments minus any debts owed against them.)

For the second parent, provide current net worth of business and investment farms. (Enter the net worth of the parent's businesses or for-profit agricultural operations. Net worth is the value of the businesses or farms minus any debts owed against them.)

Net profit or loss from IRS Form 1040 Schedule C. (Refer to line 31 of the 2023 IRS Form 1040 Schedule C)

Student Information

Legal Guardianships

Legal Guardian First Name

Legal Guardian Last Name

Please be aware, shortly after submitting this form you will receive an email with instructions on how to provide us the required documentation to verify your legal guardianship, emancipation or other court appointed status.

How many people are in your household? (Include you the student, spouse if applicable, and any dependent children, even if they live apart from you because of college enrollment. Also include other people if they live with you and you will provide more than half of their support between July 1, 2025, and June 30, 2026.)

At any time during 2023 or 2024, did you or anyone in your household receive benefits from any of the following federal programs? Select all that apply.

Earned income tax credit (EITC)

Federal housing assistance

Free or reduced-price school lunch

Medicaid

Refundable credit for coverage under a qualified health plan (QHP)

Supplemental Nutrition Assistance Program (SNAP)

Supplemental Security Income (SSI)

Temporary Assistance for Needy Families (TANF)

Special Supplemental Nutrition Program for Women, Infants, and Children (WIC)

None of these apply

What is your 2023 tax filing status?

Single

Married filing Jointly

Married filing Separately

Head of Household

Qualifying Surviving Spouse

Did not file

Will file

Please tell us why you did not file taxes and provide an estimated income.

Did you file a Schedule A, B, C, D, E, F or H with your 2023 IRS Form 1040? (Select all that apply.)

Schedule A

Schedule B

Schedule C

Schedule D

Schedule E

Schedule F

Schedule H

Not Applicable

Your Adjusted Gross Income (AGI) for the 2023 tax year. (Refer to line 11 of the 2023 IRS Form 1040)

Current total of cash, savings, and checking accounts. (Don't include student financial aid.)

Current net worth of investments, including real estate. (Don't include the home the parent lives in. Net worth is the value of the investments minus any debts owed against them.)

Net profit or loss from IRS Form 1040 Schedule C. (Refer to line 31 of the 2023 IRS Form 1040 Schedule C)

Since you selected "Married filing separately", please provide the Adjusted Gross Income (AGI) for the 2023 tax year of your spouse. (Refer to line 11 of the 2023 IRS Form 1040)

Additional Information (Optional)

Was the student's parent or guardian killed in the line of duty while (1) serving on active duty as a member of the armed forces on or after 9/11/2001, or (2) performing official duties as a public safety officer?

Yes

Are the student’s parents unwilling to provide their information, but the student doesn’t have an unusual circumstance that prevents them from contacting the parents or obtaining their information? (This will impact the student’s ability to meet the financial eligibility requirements at Berea College)

Yes

Please use the space below to share any additional information related to your family's financial situation.

Confirmation and Signature

Who is completing this form (check all that apply)?

Applicant

Parent

Stepparent

Legal Guardian

Other

Signature: By signing below, you understand that although offers of admission may be made based upon information submitted via the Financial Resource Questionnaire (FRQ), all such offers will be considered tentative until such time as final FAFSA results are received and verified. In addition, you certify that you have provided, to the best of your knowledge, complete and accurate responses to all items included in the FRQ and you agree, if asked:

1.) to provide information that will verify the accuracy of your completed form.
2.) to provide U.S. or state income tax forms that you filed or are required to file.

Submitter Signature

Select Today's Date

Total AGI