Postsecondary institutions are required to check the accuracy of information on the Free Application for Federal Student Aid, using federal tax transcripts and other documentation. Schools also have the responsibility to clearly explain to students these documentation requirements, as well as the students’ responsibilities for completing verification requirements to be eligible for aid.
The USA Funds® University online course “203 Verification” will guide you through the process and requirements of verification.
Register for this course and learn:
- Why applications may be selected for verification.
- What items you are required to verify.
- What verification documentation is required.
- How to resolve conflicting information or other discrepancies.
- The overall process of performing verification.
- When various verification information is submitted to the Central Processing System (CPS).
- The various exceptions that are allowed.
This intermediate-level course is intended for financial aid professionals who have a basic understanding of financial aid. It has been updated with 2014-2015 information, although the 2013-2014 award year course is accessible until June 30 due to the nature of this topic.
Online financial aid courses in USA Funds University’s online financial aid training are 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.
Additional verification resources
More information about verification is available by registering for an Aug. 27 summer webcast from USA Funds University. Or view a recording and materials from a Feb. 18 webcast on the topic.
In today’s USA Funds Higher Education Success News, USA Funds’ federal financial aid policy experts provide insight on a key verification issue. Fact sheets, tax return transcript comparisons, and verification checklists also are among the policy resources available.