Verification

Fri, 2013-01-18 11:06 -- univcomm

Verification

Because students sometimes make errors on their FAFSA application, the Central Processing System (CPS) requires Anderson University to assist with verifying FAFSA applications and making corrections. The CPS selects which applications are to be verified.

Being selected for verification means you will be asked to provide documentation to Anderson University that is specific to the answers you provided to FAFSA questions. No further action can be taken on your request for financial aid including all federal, state, or need-based university funds until you submit the required information and complete the verification process.

Students should respond within two weeks of receiving the University’s request for documentation. Original requests for missing information will be mailed via U.S. mail and if any items are still outstanding the university will follow-up with two additional reminder communications at twenty-one day intervals. An official financial aid award cannot be made until all required documents are submitted to the Office of Student Financial Services. You may e-mail your scanned documents to the Office of Student Financial Services at sfs@anderson.edu.

If there are differences between your FAFSA data and the verification documents, the university will make corrections electronically. Your financial aid awards may be adjusted as a result of the correction process and you will receive a revised financial aid award letter.

Verification Worksheets are used to verify non-tax items, such as household size and number in college. Verification Worksheets are available below in PDF format. Download Adobe Reader to view PDF documents.

2013-2014 School Year

2014-2015 School Year

Documentation

Option 1 — IRS Data Retrieval Tool

Students and parents are encouraged to use the IRS Data Retrieval Tool (DRT) to import data from their tax return and not change it. It is the fastest, easiest, and most secure method of meeting verification requirements. Students and parents do this either when initially filling out the FAFSA on the Web (FOTW) application or later as a correction. For the retrieved data to be acceptable documentation of tax data, it is necessary that neither students nor parents change the data after it is transferred from the IRS—if the data is changed after importation the student will need to provide other documentation.

Click here to watch a quick video on how to use the IRS Data Retrieval Tool.

The IRS Data Retrieval Tool is not available to students and parents if any of these conditions apply.

  • The person did not indicate on the FAFSA that the tax return has been completed.
  • The person is married and filed the tax return either as “Head of Household” or “Married Filing Separate”.
  • The marriage date is January 2014 or later.
  • The tax return was amended.
  • Neither married parent entered a valid SSN.
  • A parent entered all zeros for the SSN because parent does not have a Social Security Number.
  • The first three digits of the SSN are 666.
  • The person filed a Puerto Rican or foreign tax return.

Option 2 — IRS Tax Return Transcript

If students cannot or will not use IRS Data Retrieval Tool they must document income data by providing an IRS Tax Return Transcript for the student and spouse or parents, as applicable. Request an IRS TAX RETURN TRANSCRIPT at (800) 908-9946 or complete Form 4506-T. On line 6 check the box beside "a" to indicate you want a Return Transcript for the 1040. Warning: we cannot accept an IRS tax account transcript.  Mail Form 4506-T to the IRS. The IRS will respond with either:

  1. Tax Return Transcript, or
  2. A letter indicating the IRS could not provide the transcript.

In either situation, please sign and forward the IRS response to Anderson University, Student Financial Services.


Option 3 — When a tax return transcript is unavailable

When the parent or student requests an IRS tax return transcript and is unsuccessful the university requires a copy of the IRS response. Either a signed copy of the letter or a signed copy of a screen print from the official IRS webpage showing a message that the transcript request was unsuccessful. Because the IRS does not send written confirmation of the failure if the transcript was requested by phone, there is no documentation alternative for that method.

In rare cases where there is proof that using the IRS DRT was not an option and a transcript is unavailable the university may accept a signed copy of the 2013 tax return (Form 1040, 1040A, or 1040EZ) for verification.


Amended Tax Returns
Students or parents who file an amended return cannot use the IRS Data Retrieval Tool, and if they amend the return after using the DRT to fill out the FAFSA, AU cannot rely on that data. Instead, students or parents will need to provide the following information to complete verification:

  1. A signed copy of the IRS Form 1040X - Amended tax return that was filed, and
  2. A signed copy of the original 2013 tax return (Form 1040, 1040A, or 1040EZ) that was filed.