Who gets selected for verification on FAFSA?
Two entities have the authority to select you for verification: the Department of Education, and your school’s financial aid office. If the Department of Education is requesting verification of your FAFSA®, they’ll include a formal notice with your Student Aid Report.
Does everyone get selected for FAFSA verification?
Some people are selected for verification at random; and some schools verify all students’ FAFSA forms. All you need to do is provide the documentation your school asks for—and be sure to do so by the school’s deadline, or you won’t be able to get financial aid.
What does it mean to be selected for FAFSA verification?
In short, your college does a verification to double-check the accuracy of the information you provided in your FAFSA. Once you’ve received notification that your FAFSA has been selected, you’ll be asked to provide additional documentation. Your college will review this information to complete the verification process.
What do I do if my FAFSA is selected for verification?
Here’s what to do if you’re selected for FAFSA verification.
- Gather your documents. There are five main areas from your FAFSA that you might be asked to verify.
- Fill out your FAFSA verification worksheets.
- Send in your FAFSA verification materials before your deadline.
- Follow up on changes to your financial aid package.
Is FAFSA verification bad?
In many cases, going through the verification process will not affect how much aid you receive. However, there’s a chance your financial aid package could change. If there was a problem with your FAFSA, you could end up receiving less financial aid than you expected.
How long does the FAFSA verification process take?
about two weeks
How long does the verification process take? After you have turned in all necessary paperwork, the verification process typically takes about two weeks. Once your file is complete, the college will post your financial aid award notification to your student portal or mail your award letter to you.
What happens if you accidentally lied on FAFSA?
What are the penalties for lying on the Fafsa? The Higher Education Act of 1965 allows for penalties of up to five years in prison and a fine of $20,000 if someone is caught lying on the Fafsa. You will also have to pay back any financial aid, so the monetary consequences are even greater.
How long does it take for FAFSA verification?
What happens if you don’t verify FAFSA?
What happens if I do not complete verification? If a student who is selected for verification does not complete the verification process, then any Federal and/or need-based aid (Pell grant, SEOG, Work-Study, Federal Direct loans, certain Scholarships, and institutional aid) will NOT be awarded or disbursed.