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FAFSA Verification

The U.S. Department of Education may select a student's Free Application for Federal Student Aid (FAFSA) for verification. Verification confirms the accuracy of income and other items reported on the FAFSA. The student is unable to receive financial aid such as Pell, SEOG, Work-Study, Direct Loans, and/or NYS Excelsior Scholarship until the verification process is completed.

The following table describes each type of verification and the corresponding FAFSA fields that require review.

Verification Tracking Flag Verification Tracking Group Name FAFSA Information Required to be Verified
V1 Standard Verification Group Tax Filers
  • Adjusted Gross Income
  • U.S. Income Tax Paid
  • Untaxed Portions of Individual Retirement Account (IRA) Distributions
  • Untaxed Portions of Pensions
  • IRA Deductions and Payments
  • Tax Exempt Interest Income
  • Education Tax Credits
Nontax Filers
  • Income Earned from Work
Tax Filers and Nontax Filers
  • Number of Household Members
  • Number in College
V2 Reserved N/A
V3 Reserved N/A
V4 Custom Verification Group
  • High School Completion Status
  • Identity/Statement of Educational Purpose
V5 Standard Verification Group Tax Filers
  • Adjusted Gross Income
  • U.S. Income Tax Paid
  • Untaxed Portions of Individual Retirement Account (IRA) Distributions
  • Untaxed Portions of Pensions
  • IRA Deductions and Payments
  • Tax Exempt Interest Income
  • Education Tax Credits
Nontax Filers
  • Income Earned from Work
Tax Filers and Nontax Filers
  • Number of Household Members
  • Number in College
  • High School Completion Status
  • Identity/Statement of Educational Purpose
V6 Reserved N/A


Acceptable Documentation

To complete the verification process, you may be required to submit the following information. Please note, all information should be completed and/or submitted via our secure portal, Student Forms.

  • Household size- electronically signed or physically signed verification form online through Student Forms.
  • Number in College - electronically signed or physically signed verification form online through Student Forms.
  • Adjusted Gross Income & Taxes Paid - signed 1040 or IRS tax transcript, with applicable schedules and 1040X (when applicable)
  • Untaxed Income & Benefits - electronically signed or physically signed verification form online through Student Forms or official agency document
  • Proof of wages (for non-filers, as needed) - W-2s, or other official documents showing wages

Selection of Students

Freshmen, new graduate students, and transfers will be verified by a financial aid counselor after they receive a financial aid package. The student's aid will not disburse until verification is completed by the respective financial aid counselor. If the student's file is selected for verification after aid disburses, all requested documents must be submitted or aid will be cancelled. Continuing students will be verified before they are packaged, unless selected based on an EFC change or conflicting information.

Student Responsibility

To receive Title IV federal aid, and some state aid, a student must complete the verification. To determine if you were selected by the U.S. Department of Education for verification, please review the comment sections of your FAFSA or log on to MyUAlbany and review 'to-do' items.

Verification Exemptions

Students selected for verification may be exempted from some or all of the requirements due to the following:

  • Incarceration
  • Recent immigration
  • Spouse or parent unavailable (only applies to spouse or parent data)
  • Death of student

Deadline Dates for Verification

All verification documentation needs to be handed by the deadline for each term. Please monitor your University at Albany email address for deadline reminders. Please note, documents received after the deadline date will be reviewed to determine if aid can be awarded under the federal late disbursement regulations.

Notification to Students

All students will be notified by email (official University at Albany address). Students can also see that they have been selected for verification by logging in to MyUAlbany or reviewing the comments section of the FAFSA.

Once the verification process is complete, the student will receive an immediate notification from Student Forms stating their review is complete. The students will be notified through email, of their award eligibility after we have processed the changes. Please note that if federal aid was awarded before a student was chosen for verification and eligibility has changed as a result of the verification process, the student will receive an email notification to view the awards online on their MyUAlbany account.

Conflicting Data

A school must verify any application information it believes is incorrect.

Overpayment Cases

In the event that the financial aid eligibility has changed due to a verification resulting in overpayment to the student, the necessary funds will be returned to the Department of Education or to the lender (if a student loan). The student will receive an email notification to view the awards online and will be bill by the Bursars office.

Consequences

NEW STUDENTS: If all documentation is not submitted or corrected, the Financial Aid office will revise the financial aid package and only disburse eligible Federal financial aid for the student. Once the student submits all documentation and verification can be completed, other eligible student aid will be reinstated, including campus based funds (SEOG, FWS) and SUSTA, pending funds availability.

CONTINUING STUDENTS: If all documentation is not submitted or corrected, the Financial Aid office will revise the financial aid package and only disburse eligible Federal financial aid for the student. If a student chosen for verification after being awarded fails to submit requested documents, the financial aid office will revise the financial aid package and only disburse eligible Federal financial to the student. Once the student submits all documentation and the verification can be completed, the remaining eligible federal aid will be reinstated, including: campus based funds (SEOG, FWS) and SUSTA, pending funds availability.