filing-the-fafsa-2015-2016-edition
filing-the-fafsa-2015-2016-edition
filing-the-fafsa-2015-2016-edition
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Filing <strong>the</strong> FAFSA 137<br />
The U.S. Department of Education uses a risk model to determine which FAFSAs will be selected for<br />
verification and <strong>the</strong> specific data elements that will be verified. The U.S. Department of Education<br />
publishes an annual notice 37 in <strong>the</strong> Federal Register that lists <strong>the</strong> data elements that may be selected for<br />
verification. These currently include:<br />
• Adjusted Gross Income<br />
• U.S. Income Tax Paid<br />
• Untaxed Portions of IRA Distributions<br />
• Untaxed Portions of Pensions<br />
• IRA Deductions and Payments<br />
• Tax Exempt Interest Income<br />
• Education Credits<br />
• O<strong>the</strong>r Untaxed Income<br />
• Income Earned from Work<br />
• Number of Household Members<br />
• Number in College<br />
• SNAP benefits (formerly known as food stamps)<br />
• Child Support Paid<br />
• High School Completion Status<br />
• Applicant Identity<br />
About one-third of FAFSAs are selected for verification each year. 38<br />
An asterisk next to <strong>the</strong> expected family contribution (EFC) on <strong>the</strong> SAR is an indication that <strong>the</strong> student’s<br />
FAFSA has been selected for verification.<br />
Colleges may choose to select additional FAFSAs for verification and to verify additional data elements.<br />
Some colleges voluntarily verify 100 percent of <strong>the</strong> applications filed by <strong>the</strong>ir students.
Change language