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Why was I selected for financial aid verification?

Some FAFSA applications are selected because of inconsistent information, and others are chosen randomly. The Office of Financial Aid will request copies of your (and if a dependent student, your parents) IRS tax return transcript(s) and W-2s, as well as a verification worksheet if you are selected.

How does financial aid verification work?

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 is financial statement verification?

To enhance the degree of confidence in the financial statements, a qualified external party (an auditor) is engaged to examine the financial statements, including related disclosures produced by management, to give their professional opinion on whether they fairly reflect, in all material respects, the companys

What is financial verification?

Verification is a process to confirm the information you provided on FAFSA (Free Application for Federal Student Aid) or California Dream Act Application. This may be random or because application data was incomplete, estimated or inconsistent.

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.

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