What is needed for v4 verification?

What is needed for v4 verification?

A copy of the unexpired valid government-issued photo identification (ID) that is acknowledged in the notary statement below, or that is presented to a notary, such as, but not limited to, a driver’s license, other state-issued ID, or passport. Statement of Educational Purpose provided, which must be notarized.

What required for a V5 verification?

What is Title IV verification?

Verification is the process used by institutions to check the accuracy of the information the student and, in the case of a dependent student, the student’s parents, provided when applying for Title IV federal student aid via the Free Application for Federal Student Aid (FAFSA).

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 a V4 verification worksheet?

Your application was selected for review in a process called Verification by the U.S. Department of Education. The. financial aid program rule ((34 CFR, Part 668)) states that before awarding federal student aid, Williamson College.

What is FAFSA 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. Don’t assume you’re being accused of doing anything wrong.

What is v5 verification for financial aid?

The Department of Education has selected your FAFSA for a review process called verification. In this process, the financial aid office will be verifying information from your FAFSA with this worksheet and your tax and income information from the IRS, your high school completion status and Identity.

What is institutional verification?

Your application was selected for review in a process called “Verification.” In this process, your school will be comparing information from your. application with copies of your and your parent(s)/spouse’s (if you are married) Federal tax forms or W-2 forms or other financial documents.

What is a standard verification worksheet?

Your 2019–2020 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called verification. The law says that before awarding Federal Student Aid, we may ask you to confirm the information you reported on your FAFSA.

What is independent V4?

V-4- Independent Verification Worksheet. Your application was selected for review in a process called “Verification.” In this process, the school will be comparing information from your Free Application for Federal Student Aid (FAFSA), by verifying your high school completion and your identity.

What is a custom verification for?

V4. 2020-2021 Custom Verification Form. Your 2020–2021 Free Application for Federal Student Aid (FAFSA) was selected for review in a process called verification. The law says that, before awarding Federal Student Aid, we may ask you to confirm the information you reported on your FAFSA.

What happens if your FAFSA is selected for verification?

What do you need for Verification Group V4?

For students in verification groups V4 or V5, institutions should use documentation of the student’s high school completion status that they may already have obtained for other purposes (e.g., documentation maintained in the admissions office).

What do you need to know about the V5 group?

V5—Aggregate Verification Group. Students must verify high school completion status and identity/statement of educational purpose in addition to the items in the Standard Verification Group. V6—Reserved for future use by the Department. Reporting results for groups V4 and V5

Do you have to do verification for high school?

Institutions still must verify all students selected for verification of Identity/Statement of Educational Purpose and High School Completion Status under Verification Tracking Flag “V4” and “V5,” unless a student is excluded from verification as provided under 34 CFR 668.54 (b).

Do you have to report verification status code?

Institutions should report a “V” (if verification was completed) or an “S”; “blank” is not an acceptable verification status code, except in the case when a student is selected after he or she is no longer enrolled at your institution.