Monthly Features

There’s a surge in FAFSA Verification requests!

Normally about 30% of filed FAFSA’s are selected for verification, a process requested by the feds to verify that the information provided on the FAFSA is correct. Colleges are reporting a surge in verification requests and apparently the U. S. Department of Education (USDOE)is scrambling to find a fix. In the meantime, what are many of our families to do if they are selected for verification?

First of all, what FAFSA’s typically are selected for verification? FAFSA’s are selected randomly, or because the FAFSA was submitted with incomplete, estimated or inconsistent information. We aren’t sure why so many more families have been selected this year…and apparently USDOE and the colleges don’t know either.

So what should we do if we are selected for verification?
1) Chill out! Unless you have falsified FAFSA data, just go with the flow. The feds are just trying to do their due diligence so relax.
2) Be prompt! Don’t procrastinate! Look closely to see if there is deadline for your verification information to be provided. Remember, your financial aid award can’t be finalized and applied to your account until you have completed the verification process!
3) Check out and use the IRS Data Retrieval (DRT) Tool if you are eligible! You can minimize the chances of being selected for verification because the DRT will bring your IRS Tax information over into your FAFSA and thus the information will be considered verified already. 

Publication Date: January 2018