Question:

WHAT is VERIFICATION on FAFSA??

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I filled out the FAFSA with using my dads tax info to the best of my abilities. I thought it went fine, but the school that recieved my info sent me a letter saying I was chosen for verification. Im am very scared now only because my dad isnt the most reliable person for information when it comes to taxes and money and stuff. Im afraid his info was incorrect and now Im gonna get screwed over for money. Please help with any info

P.S. i was filling it out for the 2008-2009 year. But my dad has not done his taxes!! So i did it with the forms from the year before that because I knew once he got them done Id be able to change it.

Thanks

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4 ANSWERS


  1. Um...this is really getting messy...you can just tell that the taxes that were on your FAFSA is last years and your dad WILL fill one out soon! Just don't lose hope when it comes to money....I got denied financial aid from FAFSA but I still got a student loan which was enough to cover my school payments.


  2. Deep breath.

    The Department of Education randomly selects 30% of all FAFSA submissions each year for verification. If you are selected, you will receive a letter telling you exactly what information they want to see you document.

    It could be that your dad's tax information sent up a red flag - especially since you said you were using old info.

    Even then, you shouldn't be worried, because the Department allows you to estimate your taxes and income information (and last year's figures are a good estimate), so long as you are diligent about correcting that information, later.

    The Department of Education is not the IRS - they're not going to audit your father's tax return - they're not in that business. They will want to make sure that the information that you entered is based on your dad's actual income, so they will probably ask to see copies of his W-2 forms and his tax return. If he didn't file his 2007 return yet, he should really get to work on it (for a whole lot of other reasons, too).

    I'm sure you can understand why the government likes to check up, once in a while, and make sure that applicants are telling them the truth about their families' financial situations. There's just too much incentive for some parents to stretch the truth, just a little bit, if it will mean that the government picks up the tab for more of Johnny and Jill's education.

    Chances are, however, that your application was just selected at random - that happens to millions of students every year.

    I hope that helped - good luck!

  3. You have to verify the information that you submitted with documents. You school has the right to obtain that proof. So you can get fined big time if they ask for it because it's fraud. Sorry : (

  4. Sometimes its as simple as changing the enrollment year on their website I dont know why some colleges don't do this themselves

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