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Definition and Meaning
The 2018–2019 Verification Checklist at Drexel University is a crucial document required for some students whose Free Application for Federal Student Aid (FAFSA) was selected for review. This checklist helps ensure accuracy in the financial information submitted, guaranteeing compliance with federal regulations before the release of financial aid. By using this form, Drexel aims to confirm details about students’ financial statuses, focusing primarily on verifying income-related fields and other important data.
How to Use the 2018–2019 Verification Checklist
The checklist serves as a step-by-step guide for students to verify their FAFSA information. It requires students to review their submitted FAFSA details and double-check them against actual financial documents. If discrepancies are found, these should be corrected on the FAFSA portal. Students must ensure all sections of the checklist are completed accurately, as neglecting any part might delay the process. Once completed, documentation must be provided to Drexel for review.
How to Obtain the 2018–2019 Verification Checklist
Students can obtain the checklist from Drexel University's financial aid office or possibly through the university's student portal if available. Instructions for accessing and downloading the checklist are typically provided by Drexel's administration. Once accessed, students should print the document for manual completion or fill it electronically if supported.
Steps to Complete the 2018–2019 Verification Checklist
- Gather Necessary Documents: Collect all financial documents, such as IRS Tax Return Transcripts and any other relevant financial records.
- Review FAFSA Information: Cross-reference the details on your FAFSA with your financial documents to identify discrepancies.
- Complete Verification Worksheet: Fill out any required sections, ensuring all information aligns with your financial documents.
- Submit Supporting Documents: Attach any additional forms or transcripts as listed on the checklist.
- Submit to Drexel: Send the completed checklist and documents to Drexel’s financial aid office as instructed.
Why Should You Use the 2018–2019 Verification Checklist
This checklist is a necessary step for students selected for FAFSA verification to avoid delays in financial aid disbursement. Completing the checklist ensures that all financial information is accurate, aligning with federal requirements. This decreases the likelihood of errors in financial aid calculations and helps secure the correct amount of aid.
Key Elements of the 2018–2019 Verification Checklist
- Income Verification: Requires submission of IRS Tax Return Transcripts.
- Household Information: Involves detailing household size and number in college.
- Untaxed Income: Review of any non-taxed income sources.
- Signatures: Both student and parent (if applicable) must sign the form to attest to its accuracy.
IRS Guidelines
The checklist requires consistency with IRS guidelines, specifically the use of IRS Tax Return Transcripts which can be ordered via the IRS website. Following these guidelines helps ensure that the tax information provided aligns with federal expectations, which is crucial for FAFSA verification.
Required Documents
- IRS Tax Return Transcripts
- Verification Worksheet
- W-2 forms
- Any additional forms as specified in individual cases
Form Submission Methods
The completed checklist and supporting documents can usually be submitted to Drexel through various channels:
- Online Submission: Via a secure university portal if available.
- Mail: Directly to the financial aid office.
- In-Person: In case physical submission is necessary per Drexel's instructions.
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