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Glossary of Financial Aid Documents

Child Support Received

There is a discrepancy between the FAFSA and CSS Profile Application (or the Non-Custodial CSS Profile Application, if required) in regards to the amount of reported child support received in the base tax year.

Please review your responses to these questions on the financial aid application, make any necessary FAFSA corrections and upload a statement confirming the correct value of child support received.

Child Support Paid

There is a discrepancy between the FAFSA and CSS Profile Application (or the Non-Custodial CSS Profile Application, if required) in regards to the amount of reported child support received in the base tax year.

Please review your responses to these questions on the financial aid application, make any necessary FAFSA corrections and upload a statement confirming the correct value of child support received.

NCP Documentation

This refers to the non-custodial parent, the parent with whom the student does not live.

Parent 1 Documentation

This refers to the custodial parent, the parent with whom the student lives, that was listed as “Parent 1” on the FAFSA. The FAFSA allows an applicant to report a single custodial parent as either “Parent 1” or “Parent 2” on the FAFSA. Please refer to your FAFSA if you are unsure which parent is “Parent 1.”

Parent 2 Documentation

This refers to the custodial parent, the parent with whom the student lives, that was listed as “Parent 2” on the FAFSA. The FAFSA allows an applicant to report a single custodial parent as either “Parent 1” or “Parent 2” on the FAFSA. Please refer to your FAFSA if you are unsure which parent is “Parent 2.”

Parent Asset Documentation

There is a discrepancy between the amount of income reported that reflects an asset, such as taxable interest income, untaxed interest income, dividend income, and/or capital gains, and the amount of assets reported.

Additionally, parent asset documentation could be requested if a parent reported themselves as self-employed but there was no value and/or debt reported for the business. We recognize that an individual can be self-employed but not necessarily own a business. A business value of $0 is acceptable.

Please review your responses to the parental asset questions on the financial aid application, make any necessary FAFSA corrections and upload a statement confirming the correct value of the parents’ assets.

Student Asset Documentation

There is a discrepancy between the amount of income reported that reflects an asset, such as taxable interest income, untaxed interest income, dividend income, and/or capital gains, and the amount of assets reported.

Please review your responses to these questions on the financial aid application, make any necessary FAFSA corrections and upload a statement confirming the correct value of the student’s assets.

Taxable Financial Aid Review

Grant or scholarship income was reported as taxable income on the FAFSA.  This is usually a reporting error as grant or scholarship assistance is typically not taxable income.

Please review your responses to these questions on the financial aid application, make any necessary FAFSA corrections and upload a statement confirming the correct value of taxable grant or scholarship aid.

Contact Information

Office of Financial Assistance

Office Location

Clark University
Office of Financial Assistance
950 Main Street
Worcester, MA 01610

1-508-793-7478

1-508-793-8802(Fax)

finaid@clarku.edu