Verification is a review process required by the U.S. Department of Education when your Free Application for Student Federal Aid (FAFSA) is randomly selected. Verification is simply comparing information from your application with copies of your tax return, W-2 forms, and/or other financial documents to ensure the accuracy of data submitted on your application for federal financial aid. The school requires this process to be completed before any financial aid is disbursed.
Required Documents for the Verification Process
Dependent Students | Independent Students |
---|---|
Verification Worksheet Student's current Tax Forms (Signed) Parent's current Tax Forms (Signed) |
Independent Verification Worksheet Student's current Tax Form (Signed) Spouses' current Tax Form (Signed) |
- Additional documentation may be required in certain verification cases
MVSU verifies data elements required by the U.S. Department of Education. However, there may be circumstances that warrant additional information to resolve a discrepancy.
To avoid financial aid award delays, all documents must be completed/submitted via mvsu.verifymyfafsa.com
Once all application materials are reviewed by the Office of Student Financial Aid, the student will be notified via email if additional documentation is required, or the student will receive a Financial Aid Award Notification Letter.
Consequences of not completing the verification process:
- NO FEDERAL AID will be awarded until all documents are uploaded via mvsu.verifymyfafsa.com and reviewed.
- Estimated financial aid awards may be removed if verification is not completed.
FAQ's
How do I know if I've been selected for verification?
There will be an asterisk(*) next to your EFC number and the following message will appear on your Student Aid Report (SAR):
Your application has been selected for review in a process called verification. Your school has the authority to request copies of certain financial documents from you, your parents (if you are dependent) or your spouse (if you are independent and married) via mvsu.verifymyfafsa.com.
What if there is an error on my FAFSA?
Most items can be corrected by the Office of Student Financial Aid through CPS electronically. In this instance, you will receive an updated Student Aid Report (SAR), which allows you to see the changes made and the result of the change(s). Please do not make any changes to your processed SAR once you have submitted verification documents to the financial aid office. You will be notified by our office if you will need to make any corrections. You must notify the Office of Student Financial Aid if there have been changes in your household status.
How will I know if additional information is required?
The Office of Student Financial Aid will send you an email informing you if additional information is required to complete the processing of your financial aid application so that you can be awarded.
Will a change in the information affect my student aid award?
Yes, some changes could affect your financial aid award estimates. You may review changes to your award via BANNER WEB www.sutton2.mvsu.edu within 5-7 days after corrections have been submitted to the processor.
How can I get a copy of my tax return transcript?
If you do not have a copy of your IRS tax return transcript, you and or your parent(s) can request a copy of the IRS tax trancript by going online at www.irs.gov and completing the form 4506-T and submit to the appropriate IRS address or by calling the IRS at 1-800-829-1040 to request a transcript of your return.
What if my parents were not required to file taxes?
They must submit a Non-filer letter which can be obtained from the IRS through www.irs.gov or by calling 1-800-829-1040.
What is the deadline to complete verification?
Fall 2022: September 29, 2022
Spring 2023: February 20, 2023
The Office of Student Financial Aid will not disburse any federal, state or scholarship aid if you fail to complete the verification process.