This assessment provides you with an opportunity to review procedures regarding verification. Additional links are provided to assist you in the evaluation of your Verification Process. Click on the following Verification Regulations at a Glance as it will assist you in understanding the verification requirements.
If you identify areas requiring a corrective action, we recommend that you complete an Action Plan.
Activity Bar:
Verification Activity 1: Resolving Conflicting Data
Verification Activity 2: Dependency Overrides & Professional Judgment
Additional Links: 2012-13 FSA Handbook (AVG), Chapter 4; Program Integrity Link (Verification); 2012-13 Sample Verification Worksheets
Please note the regulatory citations are referenced in the first column of the assessment. To link to any of the regulatory references, click on the link in the regulatory link column and scroll down to the applicable section.
For regulations that are effective on July 1, 2012, select the following link: 2012-13 Verification Regulations.
| Verification Subpart E-Verification of Student Aid Application Information (668.51 through 668.61) | Regulatory Link(s) | Activity |
General 34 CFR 668.51 |
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| Definitions 34 CFR 668.52 | ||
Policies and Procedures 34 CFR 668.53 |
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Selection of Applicant’s FAFSA information for Verification 34 CFR 668.54 |
Verification Activity 1: Resolving Conflicting Data | |
| Updating Information 34 CFR 668.55 | ||
Items to be Verified and Acceptable Documentation: 34 CFR 668.56 and 34 CFR 668.57; DCL GEN 11-13. Some helpful sites to assist with Verification include: www.federalreserve.gov/releases/h10/update (the preferred site for foreign income conversion to US dollars) Health & Human Services Poverty Guidelines 2011-12 IRS FORMS: IRS 1040, IRS 1040A, IRS 1040EZ, IRS Form 2555 (Foreign Earned Income), IRS Form 2555EZ and 2011 W-2 (For Informational Purposes Only) Verification ISIR/1040 Comparison charts: 2010-11, 2011-12 and 2012-2013 (Includes IRS Transcript comparison) |
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| Interim Disbursements 34 CFR 668.58 | ||
| Consequences of Change in an Applicant’s FAFSA Information 34 CFR 668.59 | ||
| Deadlines for Submitting Documentation and the Consequences of Failing to Provide Documentation, 34 CFR 668.60, 34 CFR 668.60(b)(1)(i), 34 CFR 668.58(a)(2) and 34 CFR 668.57 | ||
| Recovery of Funds from Interim Disbursements 34 CFR 668.61, 34 CFR 668.9(a)(2); DCL GEN 98-14 July 1998 and 34 CFR 668.58(a)(2)(ii)(A) | ||
| Professional Judgment and Dependency Overrides 34 CFR 668.53(c); 479A(a); 480(d)(7) and DCL GEN-03-07; DCL GEN-09-04; DCL GEN-09-05; DCL GEN-11-04; DCL GEN-11-15 | Verification Activity 2: Dependency Overrides & Professional Judgment |
Last Updated May 2012
