Will Smith school / personal finances

There have been some media reports saying how "wonderful" it is that an estimated 80% of the New Village Academy students will receive some form of financial aid.

What they don't tell you is that before you can even be considered you must submit the following information for each parent, guardian, ex-spouse, step-parent, and child:

http://www.ismfast.com/pages/FAST_Form.pdf

FAST Questions
For your reference, here are the questions that will be asked on the FAST
application. Below the questions are descriptions of what should be included in
this space. Please keep in mind that if you are a two parent family, you will need
to complete information for both parents.


Applicant Information –
Student
101 Name ________________________________________________
102 Birth Date ____________________________________________
103 Gender _____104 Grade ________________________________
105 Soc. Sec. # ____________________________________________
106 Soc. Sec. Income ______________________________________
107 Child Trust ____________________________________________
(Please include any income received from a trust for the benefit of this student as
detailed on a K-1 form.)
Explain___________________________________________ _____
(Please include a description of the trust, including total amount held in trust,
grantor and any other pertinent information.)


Parent/Guardian
(Each parent will be asked to fill out this section.)
201 Name ________________________________________________
202 Gender _____ 203 Birth Date __________________________
204 Address 1 ____________________________________________
205 Address 2 ____________________________________________
206 City __________________________________________________
207 State ______ Zip ____________ 208 Country________________
209 Phone ________________________________________________
(Home, Cell, Work)
210 Occupation ____________________________________________
211 Employer ______________________________________________
212 Disabled?_________________________________________ _____
(For the purposes of this form, you are considered disabled if you receive a tax
credit for your disability.)


Dependent Child Information
(This section must be completed for each dependent.)
301 Name ________________________________________________
302 Birth Date ________ 303 Gender ______________________
304 Present Grade__________________________________________
305 Present School ________________________________________
306 Is there tuition? If yes, how much? __________________________
307 Do you receive aid or scholarship?
If yes, how much? ______________________________________
308 Lives at Guardian’s residence? ____________________________


Assets/Liabilities –
Assets
401 Savings ______________________________________________
(The sum total of all savings accounts held by you. This information may be
obtained from monthly bank statements.)
402 Checking ______________________________________________
(The sum total of all savings accounts held by you. This information may be
obtained from monthly bank statements.)
403 Certificate of Deposit ____________________________________
(The sum total of all certificates of deposit held by you. Information may be
obtained from issuer of certificate.)
404 Stocks, bonds, Securities, etc. ____________________________
(The sum total of all stocks, bonds, or other securities. Information should be
from the most recent monthly, or quarterly, statement. IRA, 401k or Keough
accounts should not be included in this total.)
405 Trusts ________________________________________________
(Enter the total amount held in trust for you and your spouse. Please use the
Letter/Agreement section at the end of the application to explain the terms of
this trust.)
406 Retirement Savings ______________________________________
(Please enter the total amounts of all 401k, IRA, Roth IRA and Keough accounts
as of the most recent statements.)
407 Business Assets ________________________________________
(The sum total of assets of business owned by you as of the last monthly report.)
Explain___________________________________________ _____
408 Other Assets __________________________________________
Explain___________________________________________ _____
(The sum total of assets not already listed, excluding real estate or automobiles.
Typically included are items which would return a value greater than $1,000 if
sold.)
Liabilities
450 Personal Loans ________________________________________
(The sum total of any secured, or unsecured, loans from financial institutions,
businesses, or persons. Total should be amount owed to date, not the total
amount borrowed. Credit card balances and equity loans are not included within
this section.)
451 Credit Cards __________________________________________
(The sum total of all balances on credit cards issued by either financial
institutions, or businesses, to the individual.)
452 Equity Loans __________________________________________
(The sum total of amount borrowed against real estate. Typically included items
are first and/or second mortgage amounts and any other outstanding loans
against real estate.)
453 Equity Interest paid ______________________________________
(The sum total of interest paid annually on all equity loans).
454 Other Liabilities ________________________________________
(The sum total of liabilities not already listed. Typically included items are court
judgments and delinquent taxes.)
Explain ______________________________________________


Real Estate/Vehicles
Property
501 Mortgage Payment ______________________________________
(Amount of monthly payment to financial institution in return for a real estate
loan.)
502 Mortgage Interest Paid __________________________________
(Amount of interest paid yearly on a mortgage payment. Information may be
obtained from a mortgage statement or financial institution.)
503 Is your home owners insurance included in your mortgage?
504 Original Mortgage Value __________________________________
Description of Property __________________________________
(The initial value of the mortgage when real estate was first purchased.)
505 Year Purchased ________________________________________
(Year when real estate was first purchased.)
506 Purchase Price ________________________________________
(Original value of real estate when first purchased. Value should not include
mortgage amount.)
507 Present Market Value ____________________________________
(Value of real estate if sold at current market price.)
508 Have you refinanced? ___ 509 What year? __________________
510 Refinance amount ______________________________________
(Value of amount refinanced.)
511 Principal Remaining ____________________________________
(Value of mortgage left to be paid back to a financial institution by the owner of
the real estate property.)
512 Property Tax Paid ______________________________________
(The sum total of annual city, county, and state taxes paid on real estate.)


Vehicle
550 Make/Model____________________________________________
(Brand and identifying name of car. Example: Mazda (Make) Miata (Model).)
551 Year __________________________________________________
(Year the vehicle was manufactured for sale.)
552 Estimated Value ________________________________________
(Value of vehicle if sold in present condition.)
p Check if Leased
553 Debt Outstanding ______________________________________
(Amount remaining on original car loan.)
554 Payment (monthly) ______________________________________
(Amount paid, monthly, to a financial institution in return for a car loan.)


Income
601 Annual Income ________________________________________
(The sum total of all wages as reported on your W2 tax forms for the prior year.)
601b Annual Income ________________________________________
(The sum total of all wages as reported on your W2 tax forms for the prior year.)
602 Business Income________________________________________
(The sum total of income not reported on a W2 tax form as a result of owning a
business.)
603 Divident/Interest Income __________________________________
(The sum total of all income on dividend and interest bearing accounts as
reported on a 1099 tax form. This should also include stock or bond coupons
redeemed during the tax year.)
604 Capital Gains Income ____________________________________
(The sum total of capital gains income as reported on a federal tax return.)
605 Real Estate Income______________________________________
(The sum total of all rents from currently owned properties as well as any cash
paid to you as a result of your ownership.)
606 Trust, Inheritance Income ________________________________
(Please enter the total amount of annual income received by you and your
spouse as the result of a trust or inheritance as reported on the IRS K-1 form.)
607 Alimony Income ________________________________________
(The sum total of alimony received during the last year.)
608 Child Support Received __________________________________
(The sum total of child support received during the last year.)
609 All Other income ________________________________________
Explain___________________________________________ _____
(The sum total of any income not already listed. Typically included incomes are
part time jobs for which a W2 is not given, 1099 forms for smaller moonlighting
jobs, and monies received from hobbies, court awards, disability, or social
security payments made to you.)


Expenses
701 Rent______________________________________________ ____
(The sum total of rent for a home or apartment paid over the last year.)
702 Home Owner Insurance __________________________________
(Amount paid for home owner insurance over the last year.)
703 Life Insurance __________________________________________
(The sum total of all life insurance premiums paid over the last year.)
704 Auto Insurance ________________________________________
(The sum total of all auto insurance premiums paid over the last year.)
705 Health insurance ________________________________________
(Amount paid for health insurance over the last year – may also include any
supplementary policies owned by the individual.)
706 Electricity_______________________________________ _______
(Amount for electricity paid over the last year. Information may possibly be
obtained from the individual’s electric company.)
707 Heating ______________________________________________
(Amount paid for heating over the last year, other than electric.)
708 All Other Utilities/Phone __________________________________
(The sum total of all other utilities paid over the last year. Typically included are
telephone, internet, cell phone, water, and sewer.)
709 Child Support __________________________________________
(The sum total of all child support payments paid by you over the last year.)
710 Alimony ______________________________________________
(The sum total of all alimony payments paid by you over the last year.)
711 Charity/Tithing __________________________________________
(The sum total of all donations made to charities during the past year.)
712 Medical Expenses ______________________________________
Explain___________________________________________ _____
(The sum total of all medical expenses paid over the last year. Typically included
items are copays, prescriptions, physical exams, physical or psychological
therapy, and glasses.)
713 Other Loan Expenses ____________________________________
Explain___________________________________________ _____
(The sum total of any other loan expenses paid over the last year. Typically
included items are car payments and credit card bills.)
714 Support of Dependents __________________________________
Explain___________________________________________ _____
(The sum total of expenses paid to support other dependents paid over the last
year.)
715 Childcare Expenses ____________________________________
Explain___________________________________________ _____
(The sum total of childcare expenses paid over the last year. Typically included
items are child care or after school programs.)
716 Other Expenses ________________________________________
(The sum total of any other expenses paid over the last year which are not
already listed. Usually followed by a space to list/explain said expenses.)
717 Do you expect to pay the Alternative
Minimum Tax? Y or N

That's a lot of juicy info to feed a scientology database. "We know you have a house in northern Idaho. You can afford a copy of Dianetics you asshole. Buy it or we keep calling!"

there may be private scholarships through the school itself

Actually, those questions aren't unusual for secular private school financial aid applications. The question is - how secular IS this school? I think we all know the answer to that one.

Originally Posted by Siren

Actually, those questions aren't unusual for secular private school financial aid applications. The question is - how secular IS this school? I think we all know the answer to that one.

Any private school that requires that much financial information about their students or their parents will not and should not be in business for long. Heck, for universities, the only people who will ask about the source of your income and the amount will be the student loan providers, and even they aren't particular about how you're going to pay it back. As long as the terms are paid by the start of classes you're in.

The Scifags don't need this much information unless their plan is to clean you out. Christ, they're not even trying to hide the con anymore.

Originally Posted by Spobody Necial

Any private school that requires that much financial information about their students or their parents will not and should not be in business for long. Heck, for universities, the only people who will ask about the source of your income and the amount will be the student loan providers, and even they aren't particular about how you're going to pay it back. As long as the terms are paid by the start of classes you're in.

The Scifags don't need this much information unless their plan is to clean you out. Christ, they're not even trying to hide the con anymore.

Actually, I had to do it for my kids for both private college prep (high school) and private college. The schools were very reputable, and the college is a "name brand" college, so they're not going anywhere. I submitted the info through an outside company that I cannot remember the name of. It's similar to FAFSA and the CSS Profile. Well, much more complicated than FAFSA, but the same idea. They wanted to make sure I didn't ask for aid while vacationing on my yacht or whatever. Funny thing is - the results were that I should pay 1/3 of my salary BEFORE taxes because I pay my bills, don't live beyond my means, and have no credit card balances. That said - I wouldn't want the Co$ to know my business because, you're right, they'll clean the poor parents out!

Edit: When I said the questions weren't unusual, I meant - financial aid departments ask all sorts of nosy questions. I didn't have to tell them how much my electric bill was, however. lol

People living on welfare don't get asked questions of that depth in order to qualify for benefits. I'd no sooner fill out that form for anyone, than I'd slit my wrists.

Man the harpoons to the media: "Scientology schools seems more concerned about your wealth than your child." Seems like a good angle to pursue.

Thirty red flags went up all at once when they asked for the kid's social security number. I was brought up with the thought that that never gets handed out. EVER.

All those questions. . .I don't see why they have to know so much about the fucking CAR.

How much is the tuition? While none of that is really a red-flag without the known cult connection, it does seem a bit...much. Particularly the bit about CDs. That money can't be accessed for some time, so why does the school care?

Originally Posted by AnonMSW

People living on welfare don't get asked questions of that depth in order to qualify for benefits. I'd no sooner fill out that form for anyone, than I'd slit my wrists.

Not true. EVERYONE who applied for financial aid in my children's schools were asked the same questions and completed the same forms. To not do so would be discriminatory AKA against the law. To assume this ^^^ is to also assume that I am not on welfare. I could elaborate more on what I know re: this, but I prefer to remain...Anonymous. Bottom line: While these questions may be prying, and may indeed be used with ulterior motives by the Co$, they do not (in and of themselves) prove the school is affiliated with the cult. The focus needs to remain on the curriculum, the funding/donors, and the staff's lack of credentials and affiliation with the cult. Here is the link for the CSS Profile site. Most private (and some public) universities require ALL students applying for financial aid to complete. Feel free to peruse the site and you will note that it doesn't have income guidelines related to who is asked/who doesn't have to complete the entire form. https://profileonline.collegeboard.com/index.jsp

Have to agree that there are usually a lot of probing financial questions asked if you are applying for any kind of financial aid. It is all part of proving that you actually need the help.

Hovever this must be at the top end of the nitpicky range, but then we all know what the Cult of Scientology is like for detailed data. (Unless its truth that they don't want anyone to know ;))

to clarify, I'm not trying to say that the info is "more" than other Financial Aid services might require. The point is that THIS particular database is going straight to the cult of scientology.

random members of the public know that it's a mistake to give your phone number to a stress-test cart... can you imagine what the cult will do with all that info?