2020-2021 Application and Verification Guide
Application and Verification Guide 2020?2021
Introduction.................................................................................................. 1
CHANGES FOR 2020?2021............................................................................................................................... 1
Chapter 1: The Application Process: FAFSA to ISIR............................... 3
TYPES OF APPLICATIONS................................................................................................................................ 3 FAFSA online, myStudentAid mobile app featuring myFAFSA, FAA Access to CPS Online, Paper (PDF) FAFSA, FAFSA on the phone, FSA ID, Renewal FAFSA, FAFSA filers under the age of 13
PROCESSING THE FAFSA.................................................................................................................................. 5 OUTPUT DOCUMENTS: THE SAR AND ISIR.................................................................................................. 6 DEADLINES.......................................................................................................................................................... 7
Websites for students, Resources for schools
Chapter 2: Filling Out the FAFSA.............................................................. 9
STEP ONE: GENERAL STUDENT INFORMATION.......................................................................................... 9 Questions 1?31, IRS Data Retrieval Tool, Definitions, No income reported on the FAFSA, Married filing separately, EFA or not?
STEPS TWO AND FOUR: INCOME AND ASSETS........................................................................................ 16 Questions 32?44 (and questions 79?94 for parents), Qualified education benefits, Reporting "take-back" mortgages, Reporting trust funds, Ownership of an asset
STEP THREE: DEPENDENCY STATUS............................................................................................................ 27 Questions 45?57, Who does and does not count as a parent on the FAFSA?, Other sources of support for children and other household members, Veteran match, Documentation of foster youth
STEP FOUR: PARENTS' INFORMATION (DEPENDENT STUDENTS ONLY)............................................. 34 Questions 58?78, 83 (see Step Two for discussion of questions 79?82, 84?92); Reporting information in cases of death, separation, divorce, and remarriage
STEP FIVE: INDEPENDENT STUDENT DATA............................................................................................... 39 Questions 93?100
STEP SIX: SCHOOL INFORMATION............................................................................................................... 40 Questions 101
STEP SEVEN: SIGNATURE(S).......................................................................................................................... 40 Questions 102?106, Signatures for electronic applications, Signature requirements chart
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Chapter 3: Expected Family Contribution (EFC).................................. 45
GENERAL INFORMATION............................................................................................................................... 45
SIMPLIFIED FORMULA.................................................................................................................................... 45
AUTOMATIC ZERO EFC...................................................................................................................................46
DEPARTMENT OF DEFENSE MATCH AND IRAQ AND AFGHANISTAN SERVICE GRANT................... 47
ALTERNATE EFCS.............................................................................................................................................. 47
THE EFC WORKSHEETS...................................................................................................................................47 Negative AGI or zero?
FORMULA A--DEPENDENT STUDENTS...................................................................................................... 48 Parents' contribution, Student's contribution from income, Student's contribution from assets, Alternate EFCs for other than nine-month enrollment
FORMULA B--INDEPENDENT STUDENT WITHOUT DEPENDENTS OTHER THAN A SPOUSE ................................................................................................................................ 51
Contribution from available income, Contribution from assets, Alternate EFCs for other than nine-month enrollment
FORMULA C--INDEPENDENT STUDENT WITH DEPENDENTS OTHER THAN A SPOUSE ................................................................................................................................ 53
Available income, Contribution from assets, Calculation of student's EFC, Alternate EFCs for other than nine-month enrollment
EFC WORKSHEETS........................................................................................................................................... 57 Formula A, Formula B, Formula C
Chapter 4: Verification, Updates, and Corrections................................ 85
REQUIRED POLICIES AND PROCEDURES................................................................................................... 85 Verification selection and PJ
APPLICATIONS AND INFORMATION TO BE VERIFIED.............................................................................. 86 School-selected verification, Verification tracking groups, Changing tracking groups, Reporting results for groups V4 and V5, Verification exclusions, Verification following disasters, HEROES Act modifications
DOCUMENTATION........................................................................................................................................... 91 Documenting AGI, taxes paid, and other tax data with the DRT; Using the tax transcript; Using a joint return to figure individual AGI and taxes paid; Rollovers and verification; Using the tax return; If a W-2 is not available; Immigrants and tax filing; Special situations; Household size; Number in college; High school completion; ATB alternatives for high school completion; Identity and statement of educational purpose
INTERIM DISBURSEMENTS..........................................................................................................................103 Overpayments from interim disbursements, Schools that can't make interim disbursements
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UPDATING INFORMATION...........................................................................................................................104 Parent remarriage after applying
CORRECTING ERRORS...................................................................................................................................104 CHANGES IN A SELECTED APPLICANT'S FAFSA.....................................................................................105
Campus-based and DL changes, Pell changes, Selection after disbursement, Disbursing unsubsidized aid, After documentation is complete HOW TO SUBMIT CORRECTIONS AND UPDATES...................................................................................106 Using the online FAFSA, Submitting changes via FAA Access to CPS Online or EDE, Using the SAR to make corrections, Adding schools and changing a student's address, Corrections by phone limited to processor errors, Signatures DEADLINES AND FAILURE TO SUBMIT DOCUMENTATION..................................................................108 Campus-Based and DL, Pell Grants, Other considerations, Late disbursements, Verification status codes SUGGESTED VERIFICATION TEXT...............................................................................................................110 2020?2021 Suggested verification text
Chapter 5: Special Cases.......................................................................... 125
PROFESSIONAL JUDGMENT........................................................................................................................125 Entire text of the HEA section on PJ, Students without parent support, Refusing or reducing a loan
DEPENDENCY OVERRIDES...........................................................................................................................129 Unable to provide parent data, Overrides and professional judgment
CONFLICTING INFORMATION.....................................................................................................................131 Subsequent ISIRs, Discrepant tax data, Marital and tax filing status, Resolution of conflicting information
REFERRAL OF FRAUD CASES.......................................................................................................................132 Office of Inspector General address and phone numbers, FSA Feedback Center
UNACCOMPANIED HOMELESS YOUTH.....................................................................................................133 Homeless youth definitions, Confirmation not required
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Introduction
Ci
This guide is intended for college financial aid administrators and
counselors who help students begin the aid process--filing the Free
Application for Federal Student Aid (FAFSA?) form, verifying infor-
mation, and making corrections and other changes to the informa-
tion reported on the FAFSA.
Throughout the Federal Student Aid Handbook we use "college," "school," and "institution" interchangeably unless a more specific use is given. Similarly, "student," "applicant," and "aid recipient" are synonyms. "Parents" in this volume refers to the parents of dependent students, and "you" refers to the primary audience of the Handbook: financial aid administrators at colleges. "We" indicates the U.S. Department of Education (the Department, ED), and "federal student aid" and "Title IV aid" are synonymous terms for the financial aid offered by the Department.
We appreciate any comments that you have on the Application and Verification Guide, as well as all the volumes of the FSA Handbook. We revise the text based on questions and feedback from the financial aid community, so please write us at fsaschoolspubs@ about how to improve the Handbook so that it is always clear and informative.
CHANGES FOR 2020?2021
Throughout the volume, we moved notes in the margins to the body of the page, and we updated the text to account for the elimination of IRS forms 1040A and 1040EZ and the changes to the 1040 form.
On the bottom of page 8 we noted that in February 2020 the FSAdownload site was retired and the entire IFAP website was modified, which may require schools to update links they have on their own sites.
On pages 18 and 19 we added a section explaining what to do when, in some foreign countries and in the employment of some international organizations, people do not have to file a tax return even though they earn incomes that under normal circumstances in the U.S. would require a return to be filed.
We added a sentence on page 21 stating that ABLE (Achieving a Better Life Experience) accounts are not included as an asset on the FAFSA.
FSA HB May 2020
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