What is a verification worksheet dependent student?
The Dependent Verification worksheet is a document the Financial Aid Office sends to you if you’ve been selected for a process called “verification.” The U.S. Department of Education selects applicants for this process when it wants us to confirm information submitted on a FAFSA.
What is a V1 dependent verification worksheet?
Your 2021–2022 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called “Verification”. The Financial Aid Office at your college must compare information from your FAFSA with information you provide on this worksheet and with any other required documents.
What is the dependent verification form?
Verification is a Federal process used to confirm students’ eligibility for certain aid programs.
What is a V1 verification form?
2020-2021 Verification Form V1. Page 1. 2020-2021 Verification Form V1. The Office of Federal Student Aid has selected your FAFSA application for a process called verification. In this process, the Office of Financial Aid will compare your FAFSA with the information reported on this form and any other required …
What happens if your FAFSA is selected for verification?
If you’re selected for verification, your school will request additional documentation that supports the information you reported. Don’t assume you’re being accused of doing anything wrong. Some people are selected for verification at random; and some schools verify all students’ FAFSA forms.
What is a dependent student?
In general, you are a dependent student if you’re dependent on your parent or guardian for financial support (housing, groceries, etc.). In that case, you’re required to report their income on the FAFSA. The Department of Education has specific criteria to determine dependency for the purpose of student aid.
What is needed for v1 verification?
required to provide a copy of your SIGNED 2018 TAX RETURN and IRS SCHEDULES 1-3 (if applicable). You may also provide a copy of your 2018 IRS Tax Return Transcript which can be requested from the IRS by ordering online at www.irs.gov or by calling 1-800-908- 9946.
What is v1 in financial aid?
Your 2020–2021 Free Application for Federal Student Aid (FAFSA) was selected for a process called verification.
What is FAFSA verification worksheet for?
Provide Required Verification Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate. If you’re selected for verification, your school will request additional documentation that supports the information you reported.
What is a v1 student?
Your 2020–2021 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called “Verification”. The Financial Aid Office at your college must compare information from your FAFSA with information you provide on this worksheet and with any other required documents.
Should you be worried if you are selected for verification?
Being selected for verification doesn’t mean you did something wrong. It’s simply the Department of Education’s process of maintaining the integrity of the Federal Student Aid program. Between 15-40% of students are selected for verification every year.