Financial Aid Verification

When you submit the FAFSA on the Web, the federal government may select your financial aid application for a process called “verification.” This means the Department of Education requires our office to determine the accuracy of the information provided on your FAFSA by double-checking some of your answers. If you receive this notification, please complete the following steps in compliance with Federal guidelines.

NOTE: The priority deadline for Fall 2014 is July 25, 2014. If all of your verification documents are turned in prior to the priority deadline, the Financial Aid Office guarantees that your classes will be held until we can complete the verification process to finalize your aid. If you turn in any documents after the priority deadline, we can make no such guarantee, and you must make payment arrangements with the Business Office to secure your classes.Once your verification process is completed and you receive a financial aid award, you can use the financial aid funds to pay yourself back for your tuition expenses.

Verification Requirements

Verification requirements can vary widely from person to person depending on what information the federal government asks us to double-check. Some students merely need to turn in a verification worksheet confirming the number of people in their household or submit a valid government photo ID. In other cases, students may need to submit full tax information for the previous year. All verification  requirements will be viewable on your myTC student account once your FAFSA has been received by the college. Any items you need to turn in will show as a red flag under the top-center area of the Financial Aid tab.

Please note that if you are required to submit tax information, the IRS 1040 (A/EZ) form that you submit to the government is not acceptable documentation according to federal financial aid regulations. Instead, you must submit a tax return transcript (which is the version of your tax form the IRS can give back to you once your taxes have been processed) or complete the IRS Data Retrieval.

What is the IRS Data Retrieval?

The IRS Data Retrieval is a feature of FAFSA on the web, which links your FAFSA with your already filed federal tax information through the IRS. You may update your FAFSA by linking to your federal taxes and pulling your tax data directly from the IRS ‘auto-filling” the tax portion of your FAFSA. Taxes submitted electronically require 2-3 weeks before they can be requested. If they were submitted by paper, they will require up to 8 weeks. If you do not wish to complete the IRS Data retrieval and are required for verification, you must contact the IRS to request a copy of student and/or parent’s IRS tax transcript to provide to The Office of Financial Aid (See below, “Requesting an IRS transcript”).

How to use the IRS Data Retrieval:

See our IRS Data Retrieval Step by Step Guide.

NOTE: If you are a student required to include parent information on your FAFSA, and you and your parent both filed taxes, you can both use the IRS Data Retrieval to pull your information into the FAFSA. The student and parent must each complete the process of connecting to the IRS to do so. Please ensure that you have a valid Social Security Number and have already filed taxes for the previous year.

What if I Cannot Complete the IRS Data Retrieval?

If you cannot complete Step 1 (above), you may request an IRS transcript and submit it to the Financial Aid Office. (See our guide on How to Request an IRS Tax Transcript). You must request an IRS transcript if:

  • You (or your parent) did not use the IRS Data Retrieval Process either at initial FAFSA filing or through subsequent corrections.
  • You changed information after using the IRS Data retrieval process.
  • Your tax status is “Married, filing separately.”
  • Your parents filed separate tax returns.
  • You (or your parent) had a change in marital status after the end of the tax year on December 31.
  • You (or your parent) filed an amended tax return.
  • You filed taxes outside the U.S.

Requesting an IRS Transcript:

  1. On the IRS website choose “Order a Tax Return or Account Transcript.” (See our guide on How to Request an IRS Tax Transcript).
  2. Under step number 3, (“Go get your transcript!”) select “Order a Transcript.” (Or call 1-800-908-9946 or request a transcript by using the IRS form 4506T-EZ).
  3. Enter your information and request a tax “Return transcript” for the proper year. (Note: Do NOT select “Account Transcript”)
  4. Once you receive your transcript (within 5 to 10 days), submit it to the Office of Financial Aid for verification.