Low Income Verification Form Fafsa

If your application gets audited a process technically known as verification you can wind up in a holding pattern unable to move forward until you are able to track down and submit additional documentation to prove what you reported on the form was accurate.

Low income verification form fafsa. The link between increased verifications and students delaying or abandoning higher education is clear. If your fafsa is selected for verification after you have been awarded you have 45 days to complete verification. The department of education selected over half of pell eligible fafsa applicants for verification for the 2016 17 fafsa filing cycle. Federal guidelines require that zero low income information reported on the fafsa be verified.

2020 2021 parental low income verification form federal student aid programs your 2020 2021 free application for student aid fafsa was selected for review in a process called 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. Verification is intended to improve the accuracy of the information submitted on the fafsa. Since the income reported seems insufficient to meet average living expenses this form details the breakdown of your 2018 income benefits and living situation.

For low income students the chances of being flagged for verification are even higher. When selected for verification the student will be notified through their asu e mail. The income you reported on the 2019 2020 fafsa you received in the year of 2017 based on the federal guidelines your income requires verification. Federal guidelines require that zero low income information reported on the fafsa be verified.

Please complete this form to explain how you paid for housing food and utilities and return it to the financial aid office. Upon verification of your financial aid you reported an unusually small amount of family income or no income at all on the fafsa. The law says that before awarding federal student aid we may ask you to confirm the information you reported on your fafsa. Structurally the verification process requires parents to provide documentation corresponding to data elements on the fafsa.

Please complete this form to explain how you paid for housing food and utilities and return it to the. The national college access network found that only 56 percent of low income students selected for verification go on to receive a pell grant compared to 78 percent of students not selected for verification. For at least 5 million students each year applying for financial aid doesn t stop when they submit the fafsa. The college your child is applying to requests that financial documents on the form be verified by parents.