Federal Verification is a review process required by the U.S. Department of Education, which mandates that St. Mary’s confirm the accuracy and completeness of the information provided on a FAFSA and confirms your eligibility to receive financial assistance.
Each year, about one in three students will be selected to complete the verification process.
Schools are required to verify the following information:
If selected for Federal Verification, you are required to complete the requested information from our office. If we must verify you and/or your parent’s federal tax information, this will be completed by using the FAFSA IRS Data Retrieval Tool (DRT) process.
To submit and transfer your completed tax information to the FAFSA form, we recommend using the IRS Data Retrieval Tool (DRT); again this process is accessed through your FAFSA form on www.fafsa.gov. Using this tool will reduce processing delays.
You will be unable to use IRS Data Retrieval Tool if:
Tax information electronically filed within the last two weeks or submitted by mail within the last eight weeks may not be available.
If you cannot update your FAFSA using the IRS DRT, you are required to submit an official IRS Tax Return Transcript, (not an Account Transcript) to the Office of Financial Assistance for yourself and your parent(s), if applicable.
You may request a tax return transcript online at www.irs.gov, by phone 800-908-9946 or complete FORM 4506T-EZ and submit to the IRS by mail.
Our office cannot accept a copy of the actual tax return. It must be the tax return transcript which you request through the IRS if you are unable to complete the IRS DRT process through the FAFSA.
If you filed an amended return:
Remember to include your student ID number on your tax transcript before you submit it to our office.
If you are required to complete the Federal Verification process, your Student Aid Report (SAR) will indicate you have been selected. Our office will also send a letter to your permanent mailing address on file. If you are still unsure of your status, please check the Financial Aid Requirements section on Gateway, the student portal.
If you are selected for Federal Verification, you MUST complete this process in order for St. Mary’s to process your FAFSA.
For more information about the Federal Verification process, visit www.fafsa.gov.
For the 2018-2019 academic year, you are encouraged to submit all requested documentation by May 1, 2018 in order to receive a timely award with all possible funding.
The verification review process can range from two to six weeks. Submit copies of the requested documentation within 14 days of the request.
The last date to submit verification documents is the last day of the term or your last day of enrollment in the academic year, whichever is earlier.
If the data reported on your FAFSA is confirmed, the Financial Assistance Office can determine your eligibility for financial aid.
If we find differences between the data reported on your FAFSA and the information that you submitted, we must submit corrections to the Central Processing System (CPS) which will generate a new FAFSA transaction. You can monitor your FAFSA verification status on Gateway.
You will be notified when your award is ready for review on Gateway.