What is a V1 verification worksheet?
The Department of Education has selected your FAFSA for a review process called verification. In this process, the financial aid office will be comparing information from your FAFSA with this worksheet and your IRS Data. Federal regulations require colleges to ask for this information before disbursing federal aid.
What is a standard verification worksheet?
Your 2019–2020 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called verification. The law says that before awarding Federal Student Aid, we may ask you to confirm the information you reported on your FAFSA.
How do I submit a dependent verification worksheet?
Navigate to the Financial Aid Essentials box and click on the Dependent Verification Form link. The Dependent Verification electronic form (E-form) will open in a new window.
What is the verification worksheet for FAFSA?
Some colleges will ask the family to complete a verification worksheet. Typical documentation might include the family’s federal income tax returns and/or IRS tax return transcripts, proof of income documentation, and proof of high school completion such as a high school diploma or GED.
What is a V1 student?
Your 2020–2021 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called “Verification”. The Financial Aid Office at your college must compare information from your FAFSA with information you provide on this worksheet and with any other required documents.
What is a verification worksheet for financial aid?
Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate. If you’re selected for verification, your school will request additional documentation that supports the information you reported. Don’t assume you’re being accused of doing anything wrong.
What is independent verification worksheet?
The Independent Verification worksheet is a document the Financial Aid Office sends to you if you’ve been selected for a process called “verification.” The U.S. Department of Education selects applicants for this process when it wants us to confirm information submitted on a FAFSA.
What is a verification worksheet dependent student?
Your 2020-2021 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called verification. The law states that before awarding and/or disbursing Federal Student Aid, we must ask you to confirm the information you and your parents reported on your FAFSA.
What can be used for dependent verification?
You will need a legal document that shows your relationship to the eligible person. This could include a marriage certificate, birth certificate, and adoption certificate or legal adoption placement document. Aon Hewitt can provide telephone numbers to state, county, and consulate offices to obtain documents.
What triggers FAFSA verification?
During verification, the college financial aid administrator will ask the applicant to supply copies of documentation, such as income tax returns, W-2 statements and 1099 forms, to verify the data that was submitted on the Free Application for Federal Student Aid (FAFSA).
How does FAFSA verify your information?
To complete FAFSA verification, families may be asked by a college financial aid office to send federal tax return transcripts. Families may also submit a signed copy of the necessary income tax return. Colleges may request proof of income, siblings’ college registration forms or other supporting documentation.