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" Net assets" means the current market value at the time of application, of the assets included in paragraph (c) of this section minus the outstanding liabilities (indebtedness) against such assets. (20 USC 1070a(a)(3)(C)) § 190.43 The expected family... "
Oversight Hearing on the Reauthorization of the Higher Education Act of 1965 ... - Page 210
by United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education - 1991 - 213 pages
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United States Code, Volume 8

United States - 1989 - 1324 pages
...shelters, and the net value of real estate, income producing property, and business and farm assets. (h) Net assets The term "net assets" means the current market value at the time of application of the assets included in the definition of "assets", minus the outstanding liabilities or indebtedness against...
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United States Code, Volume 3

United States - 1988 - 1210 pages
...demonstration made by the individual, but no disbursal of an award may be made without documentation. (13) The term "net assets" means the current market value at the time of application of the assets included in the definition of "assets", minus the outstanding liabilities (indebtedness) against...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1978 - 682 pages
...Revenue Code, which were incurred by the independent student and his dependents during the base year. (l) "Net assets" means the current market value at the time of application of the assets included in paragraph (c) of this section minus the outstanding liabilities (indebtedness) against...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1981 - 1206 pages
...Secretary under the provisions of § 690.39. In that case the expenses reported are those paid in 1981. "Net assets" means the current market value at the time of application of the assets included in the definition of "assets" minus the outstanding liabilities (indebtedness) against...
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The Code of Federal Regulations of the United States of America

1974 - 572 pages
...outstanding liabilities (indebtedness) against such assets. (20 USC 1070» (a) (3) (C) .) (0) "Net other assets" means the current market value at the time of application of the other assets included in paragraph (c) of this section minus the outstanding liabilities (indebtedness)...
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A Compilation of Federal Education Laws, Volume 3; Volumes 8-12

United States - 1999 - 656 pages
..."assets" shall not include the net value of — (A) the family's principal place of residence; or (g) NET ASSETS. — The term "net assets" means the current market value at the time of application of the assets (as defined in subsection (f)), minus the outstanding liabilities or indebtedness against the...
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A Compilation of Federal Education Laws, Volume 3; Volumes 8-12

United States - 1998 - 712 pages
...not include the net value of— (B) a family farm on which the family resides. (g) NET ASSETS.—The term "net assets" means the current market value at the time of application of the assets (as defined in subsection (£)), minus the outstanding liabilities or indebtedness against the...
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Hearings, Reports and Prints of the Senate Committee on Appropriations

United States. Congress. Senate. Committee on Appropriations - 1973 - 2224 pages
...business equipment and business inventory which are held by the Independent student or his spouse. (h> "Net Assets" means the current market value at the time of application of the assets minus the outstanding liabilities (Indebtedness) against ' such assete. (1) "Medical Expenses"...
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Urgent Supplemental Appropriations for Fiscal Year 1973: Hearings, Ninety ...

United States. Congress. Senate. Committee on Appropriations - 1973 - 348 pages
...business equipment and business Inventory which are held by the Independent student or his spouse. (h) "Net Assets" means the current market value at the time of application of the assets minus the outstanding liabilities (Indebtedness) against such assets. (1) "Medical Expenses"...
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Family Contribution Schedule for the Basic Educational Opportunity Grant ...

United States. Congress. Senate. Committee on Labor and Public Welfare - 1973 - 348 pages
...Revenue Code, which were incurred by the independent student and his dependents during the base year. (n> "Net assets" means the current market value at the time of application of the assets Included In paragraph (b) of this section minus the outstanding liabilities (Indebtedness) against...
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