The U.S Department of Education requires financial aid administrators to “have a fundamental understanding of relevant tax issues that can considerably affect the need analysis.”
View the USA Funds® University online course “Tax Filing Requirements 2014-2015 Award Year” to learn the Internal Revenue Service tax filing requirements that aid administrators are required to know.
Recently updated with 2014-2015 information, the course offers information to help you identify conflicting or discrepant information when reviewing tax return information.
Specifically, ED requires financial aid administrators to know:
- If an individual is required to file a tax return with the IRS.
- An individual’s correct filing status.
- That an individual cannot be claimed as an exemption by more than one person.
This course is one of the nearly 40 online financial aid courses in USA Funds University’s online financial aid training — available 24 hours a day, seven days a week. Knowledgeable trainers with extensive financial aid experience develop the interactive courses, available at no cost to schools.
You typically can complete the courses in 30-45 minutes.
For more information about all of the USA Funds University courses, select the Courses tab at www.usafundstraining.org. New users must complete a simple, one-time registration process.