Please note that if you are ONLY applying for unsubsidized Direct Loans, you may not be subject to verification regulations.
What is verification?
Verification is the process by which the institution validates specific data elements you entered on your FAFSA for you and/or your spouse. These data elements are vital to your student financial aid eligibility and the Office of Financial Aid (OFA) is committed to ensure these items are accurate. The verification process must be completed prior to the disbursement of any federal or state funding to your student account.
Who goes through verification?
The Central Processing Service (CPS) for Federal Student Aid randomly selects financial aid applicants each year. If you are one of the randomly selected applicants, there will be a message on your Student Aid Report (SAR) remitted to you after your FAFSA is processed. OFA may also select students for verification when special circumstances arise or a need for clarification warrants it.
Verification tracking groups
Students who are selected for verification will be placed in one of the following groups to determine which FAFSA information must be verified.
V1—Standard Verification Group. Students in this group must verify the following if they are tax filers:
- adjusted gross income
- U.S. income tax paid
- untaxed portions of IRA distributions
- untaxed portions of pensions
- IRA deductions and payments
- tax-exempt interest income
- education credits
- number in college
- household size
V2—Reserved for future use by the Department.
V4—Custom Verification Group.
Students must verify high school completion status and identity/statement of educational purpose.
V5—Aggregate Verification Group.
Students must verify high school completion status and dentity/statement of educational purpose in addition to the items in the Standard Verification Group.
V6—Reserved for future use by the Department.
IRS Data Retrieval is an optional tool students can use when completing the FAFSA that allows the tax filer to transfer their tax information directly to the FAFSA via a secure web link. We encourage students to utilize the IRS Data Retrieval as this is the fastest way to submit the information to our office. However, in certain circumstances, students should not use the IRS Data Retrieval feature as it will not accurately reflect their complete tax information.
- Married and filed ‘married filing separately’ or ‘head of household’
- Filed a Puerto Rican or foreign tax return
- Information retrieved via the IRS Data Retrieval is otherwise incorrect
- Had a change in marital status after the end of the tax year (December 31)
- Filed an amended tax return
- Filed a tax filing extension (applicant must submit a copy of form 4868 and all W2s to SFS)
How does the verification process work?
All students who are selected for verification and confirmed/enrolled for the term will be sent a Missing Document email to their ITC email account. This email will list all documents required for file processing and how to submit those documents to OFA. Students also have the option of logging into the self-service portal and looking under ‘Missing Documents’ to see the complete list of requested documents.
Documents that have been received, reviewed, and determined to be incomplete or insufficient will be destroyed and a second request will be made to satisfy the document requirement. OFA will not return original documents submitted to the sender. To avoid delays in student financial aid processing please be sure to submit clear, legible, and complete documents.
In order to have your student financial aid processed and ready for disbursement by the first day of classes, all valid and completed requested documents must be received by:
- June 1st – Fall Semester
- March 1 – Summer Semester
Where should I go if I have additional questions about verification?
For questions or concerns regarding the verification process, students should contact the ITC Office of Financial Aid.