Verification Process

At least thirty percent (30%) of all FAFSA forms processed are selected by the Department of Education for a process called verification.  If your FAFSA is selected, you will be required to submit signed copies of certain financial documents to NETC’s Office of Student Financial Assistance.   The financial aid staff will compare the information on the FAFSA with the information on the financial documents and will make adjustments/corrections on any differences.  Some adjustments do not required that the FAFSA be resubmitted while some may require resubmission.  If resubmission is necessary, the financial aid staff will electronically submit the changes to the Department of Education so eligibility can be recalculated.  Once the FAFSA is reprocessed the college will receive a new FAFSA results which will be used to package the student’s financial aid award.

Students selected for verification must submit the following:

Dependent students: 
            ▪ Signed copy of student’s 2005 Federal Tax Return and W2(s), if filed
            ▪ If student worked in 2005 but did not file a tax return, need W2(s)
            ▪ Signed copy of parent(s) 2005 Federal Tax Return and W2(s), if filed
            ▪ If parent(s) worked in 2005 but did not file a tax return, need W2(s)
            ▪ Dependent Verification Worksheet
            ▪ Child Support Statement (only if student’s parent is not married and no support
              reported for dependents 18 and under during tax year)
            ▪ Low Reported Income Statement (only if total income is less than $4,000)
            ▪ FAFSA Signature Page (only if corrections are to be made by the Financial Aid
              Office)

Independent Students:
            ▪ Signed copy of student (and their spouse’s, if married) 2005 Federal Tax Return
               Return and W2(s), if filed
            ▪ If student (or spouse) worked in 2005 but did not file a tax return, need W2(s)
            ▪ Independent Verification Worksheet
            ▪ Child Support Statement (only if single parent and no support reported for
              dependents 18 and under during tax year)
            ▪ Low Reported Income Statement (only if total income is less than $4,000)
            ▪ FAFSA Signature Page (only if corrections are to be made by the Financial Aid
              Office)

Information Needed to Verify Discrepancies with regards to the following items may include:

Discrepancies Information Needed
Name Does Not Match Social Security Card
Social Security Number Incorrect Social Security Card
Date of Birth Incorrect Birth Certificate
Drug Conviction Flagged Completed & Singed Drug Conviction Worksheet
Working on Degree Beyond Bachelor's Institutional Form
Selective Service Verification Institutional Form
Assumed Information on FAFSA Results Additional Information Request Form
Asset Information Fields Blank on FAFSA Additional Information Request Form
Worksheet A, B, or C Field Bank on FAFSA Verification Worksheet

Once NETC’s Office of Student Financial Assistance receives a flagged FAFSA form, a missing information letter or tracking letter will be sent to the student requesting the information needed to complete the student’s file.  No further action will be taken on the student’s file until all documentation requested is received.  Additional information may be requested to resolve any discrepancies.

It is NETC policy not to award any financial assistance until verification is complete.  Only students selected for verification are to submit these documents.
     

 
1201 Chesterfield Highway - PO Drawer 1007 - Cheraw, SC 29520 - 843.921.6900 - 800.921.7399 - info@netc.edu

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