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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.
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.
Who selects students for verification?
Most students selected for verification have been randomly selected by the U.S. Department of Educations Federal Processor. However, there are other potential reasons for being selected for verification: The submitted FAFSA application had incomplete data.
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)
What document must be submitted by a student in order to determine the students eligibility for federal financial aid?
The FAFSA form asks a series of questions that determine whether you are a dependent or independent student for purposes of applying for federal student aid. If you are a dependent student, you must report parent information, as well as your own information, on your application.
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 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 is verification student aid?
You might see a note on your FAFSA Submission Summary saying youve been selected for verification; or your school might contact you to inform you that youve been selected. Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate.
You must complete and sign this worksheet, attach any required documents, and submit the form and other required documents to the financial aid office at your
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