Your Free Application for Federal Student Aid (FAFSA) may be selected for review in a process called verification. If you are selected for verification you will be notified by email.
If you are selected for verification, please follow the instructions on the form carefully and turn in all requested documentation promptly to avoid a delay in your financial aid. You will not be able to accept your financial aid Award Letter and the U.S. Department of Education prohibits schools from disbursing federal financial aid until the verification process is complete.
The priority processing date is June 30, 2017 for the 2017-18 FAFSA. Turning in all of the completed documentation by the priority processing date will ensure that your financial aid will not be delayed. Allow at least 4-6 weeks for the Office of Financial Aid Services to complete the verification process. Incomplete verification forms and missing documentation will delay the processing of your financial aid. You can check the status of your verification in the My Eligibility section of MyInfo.
For 2017-2018 , the following documentation is required:
- Signed and completed 2017-2018 Verification of Household Size and Income form. If you are a dependent student use the Dependent Student Verification form for 2017-2018. This form must be signed by both the student and parent. Do not leave any items blank. If you are an Independent Student use the Independent Student Verification form for 2017-2018. If you are married and living with your spouse, this form must be signed by both the student and the spouse.
- Copies of your and your parent(s)’ IRS tax return transcript, if you are a dependent student, with the student's name and MSU ID at the top of the page. Do not submit copies of your federal or state income tax returns. To obtain an IRS Tax Return Transcript, go to www.IRS.gov. Under Tools, click on the “Get a tax transcript ” link and follow the instructions, or call 1-800-908-9946. If you filed an amended return (IRS Form 1040X), please also submit a signed copy of your Form 1040X copy of your Tax Account Transcript in addition to your Tax Return Transcript.
- If you did not file taxes in 2015, copies of your and your parent(s)’ W2's for any wages earned in 2015. (In lieu of submitting W2’s, you may obtain the IRS Wage and Income Transcript(s) - using the same procedures as obtaining Tax Return Transcripts - and submit it along with the Tax Return Transcript(s)).
- If you or your parent(s) did not answer the asset information questions on the FAFSA (questions 41 through 43 and 90 through 92) and you or your parents were required to file an IRS Tax Form 1040, you may be required to submit the Dependent Student Asset Information Form. You can fill out and submit this form with your other verification materials. If you are an independent student and you did not answer the asset information questions on the FAFSA (questions 41 through 43) and you (or your spouse) were required to file an IRS Tax Form 1040, you may be required to submit the Independent Student Asset Information Form. You can fill out and submit this form with your other verification materials.