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The Verification Worksheet - Dependent form is a form that is requested of a dependent student selected for FAFSA Verification. The form requires information from both parents and students to verify some of the information provided on the students Free Application for Federal Student Aid (FAFSA).
What is a V4 verification worksheet?
V4 verification requires you to provide identification to your college to prove you are who you say you are. it also requires you provide a statement of educational purpose (SEP)
How many people get selected for FAFSA verification?
FSA announced some good news at its most recent conference: For the current 2021-22 FAFSA cycle, the verification selection rate for all filers was reduced from 22% to 18%. However, the selection rate for Pell Grant-eligible FAFSA filers remains much higher.
Does FAFSA verify information with the IRS?
With consent and approval, we can obtain your federal tax information automatically from the IRS to help complete the FAFSA form. If consent and approval are not provided by the student and all contributors on the FAFSA form, the student will not be eligible for federal student aid, including grants and loans.
What is V4 verification?
V4 or the Custom Verification Group: You must collect documentation of the students identity and a Statement of Educational Purpose signed by the student. V5 or the Aggregate Verification Group: you must complete all the steps in V1 and V4.
What does it mean if my FAFSA is selected for verification?
Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate. If youre selected for verification, your school will request additional documentation that supports the information you reported. Dont assume youre being accused of doing anything wrong.
What happens if I dont do FAFSA verification?
What happens if I do not complete verification? If a student who is selected for verification does not complete the verification process, then any federal and/or need-based aid (Pell grant, SEOG, Work-Study, Federal Direct loans, certain Scholarships, and institutional aid) will NOT be awarded or disbursed.
nyit verification
Verification, Updates, and Corrections - FSA Partner Connect
You must verify applications selected by the CPS of students who will receive or have received subsidized student financial assistance.
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