In an electronic announcement posted to the IFAP website on November 24, 2014, USDE provides suggested text for each of the required 2015-2016 verification items. While use by an institution of the suggested text fulfills the regulatory verification requirements, institutions are not required to use the U.S. Department of Education’s suggested text and formats, except as noted below. Instead, institutions may develop and use their own text, forms, documents, statements, and certifications that are specific to the items required to be verified for a particular student or group of students. The one exception is that institutions must use the exact language provided in the “Statement of Educational Purpose” in APPENDIX A for students who are placed in Verification Tracking Groups V4 or V5.
This electronic announcement includes attachments and enclosures as follows:
APPENDIX A provides suggested text for each of the required 2015-2016 verification items.
APPENDIX B provides an example of how institutions may use the suggested text to develop an institutional verification document.
APPENDIX C and APPENDIX D provide important information about each of the Verification Tracking Groups.
Information on how tax filers may request an IRS Tax Return Transcript and an IRS Record of Account is provided in APPENDIX E. Institutions may have difficulty matching a parent’s IRS Tax Return Transcript or IRS Record of Account with the student because the last names may be different. USDE recommends that institutions explain to the student how to match the student to his or her parent’s transcript prior to submitting it to the institution.
A chart of the availability of 2014 IRS tax information is provided in APPENDIX F.
You will find this information in its entirety at http://www.ifap.ed.gov/eannouncements/112414VerificationSuggestedText1516.html
DJA Clients: Verification forms will be developed by DJA and provided for your use.