Documentation Required To Complete Verification Students should complete the form listed in their notification email. All signatures must be handwritten. No other electronic signatures will be accepted. Each form contains directions for completing and submitting all required paperwork. Dependent students must also submit parent income information. Independent students should spouse income information if applicable. Students who have not done so already should update their FAFSAs using the IRS Data Retrieval Tool for the income information section(s). Students who are unable to transfer income information using the IRS DRT on your FAFSA, may instead request official IRS tax return transcripts on the IRS website. Recent updates to federal regulations have declared that schools can accept a personal copy of the federal tax return from the student or parents (if required) for verification purposes for the 2017–2018 academic year only. Beginning for the 2018–2019 academic year, either a tax transcript from the IRS or your FAFSA filed using the IRS Data Retrieval Tool are the only two ways to verify tax data. Students who did not file taxes for the year requested must submit all W2s for that year as well as documentation from the IRS on or after October 1, 2016 that indicates a 2015 IRS income tax return was not filed with the IRS or other relevant tax authority. Additional documentation may be requested at the discretion of the financial aid director. The office of financial aid will follow up with questions or request for paperwork if information is conflicting, missing, or appears inaccurate. Time Period A valid FAFSA application must be submitted prior to enrollment if the student intends to apply for financial aid. Verification paperwork should be submitted within 30 days of receipt of notice of selection. Verification paperwork can be submitted as late as June 1 following the end of the semester, though late fees will already have been applied by this point.
Verification must be complete before the office of financial aid will certify any federal aid.
Students who are eligible to work on campus through the work study program will not be allowed to work until the verification process is complete and eligibility for this program is confirmed.
Noncompliance If the required documentation is not submitted, the following may occur: 1. No federal financial aid for the semester or academic year. 2. Holds will be placed on student accounts for overdue balances. Those students will be unable to request transcripts or register for future semesters. Completion of Verification Process When possible, the office of financial aid will make electronic corrections to students' FAFSA applications. These corrections will generate an updated Student Aid Report sent via paper or electronic means. The estimated family contribution may change based on the corrections made. The office of financial aid reviews paperwork within one week of submission. When the verification process is complete, students will immediately receive an updated award letter via email indicating any change to the financial aid package. If it is determined that a student has received funds which they were not eligible to receive, the student must repay the amount. If a repayment is not made, the overpayment must be referred to the US Department of Education. No further applications for financial aid will be processed by the US Department of Education or Davis College's office of financial aid.
Special Circumstances Students who feel that the information reported on their FAFSA does not accurately depict their current financial situation
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FINANCIAL AID
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