Federal Verification and IRS Data Retrieval

IRS Data Retrieval

Student Financial Services encourages you to complete your FAFSA on the Web at www.fafsa.ed.gov, and use IRS Data Retrieval: an easier, faster way to enter federal income tax information on the Free Application for Federal Student Aid (FAFSA). The process allows you to use electronically submitted tax information to complete specific elements of your FAFSA, simplifying the verification process. When completing the FAFSA you may enter your PIN and link to the IRS web site. The retrieval process will display your tax information and allow you to transfer it to your FAFSA.

If you and your parents (or spouse if applicable) did not file their 2012 federal tax return with the IRS before completing the FAFSA, please complete the form with estimated income information. FAFSA on the Web will remind you to access IRS information using the IRS Data Retrieval once tax returns are filed.

If you do not use IRS Data Retrieval to complete your FAFSA or if you make changes on your FAFSA to data retrieved earlier, you may be required to submit IRS federal income tax transcripts to complete the federal verification process.

If you are selected for verification by the U.S. Department of Education, you may be required to provide IRS federal income tax transcripts as well as untaxed income information to Bryn Mawr College.

In some cases, you may not be able to use IRS Data Retrieval. Please see detail:

      • If your tax filing status is “married filing separately”

      • If your tax status is “head of household”

      • If you filed an amended tax return

      • If you filed a foreign tax return

      • If you filed paper taxes within the last 8 weeks

If you are selected for verification and cannot use IRS Data Retrieval you must submit IRS federal income tax transcripts as well as untaxed income information to Bryn Mawr Student Financial Services.

The submission of IRS tax data or IRS tax transcripts does not satisfy Bryn Mawr’s requirement that undergraduate students who apply for non-federal Bryn Mawr Grant submit full signed and dated federal income tax returns, both personal and business, all pages, schedules and attachments, including W2 forms, to the IDOC service.  Complete financial aid application instructions are available in the Apply for Aid section of the Student Financial Services website.

Verification of your Free Application for Federal Student Aid (FAFSA)

The Department of Education may have sent notification that your Free Application for Federal Student Aid (FAFSA) was selected by the federal processor for verification. Verification is the process of checking the information you entered on the FAFSA for accuracy. The College is required to complete verification for selected students, and to resolve any conflicting information. To comply with these regulations, you must follow the instructions that are provided on your verification worksheet.

The Verification Worksheet

The process of Federal Verification has changed for the academic year 2013-14.

 

The Federal Verification Worksheet is now unique to each selected student based on specific data the U.S. Department of Education requires us to verify.  If you are selected for verification, Student Financial Services will send an email to your Bryn Mawr email address with a link to a  Verification Worksheet. Carefully follow the instructions on the worksheet to complete verification. Print and complete the Verification Worksheet with original signatures and submit along with any required documentation to Student Financial Services.

Send as a signed PDF to sfs@brynmawr.edu, fax to:  610-526-5249 or mail to:  Student Financial Services, Bryn Mawr College, 101 North Merion Avenue, Bryn Mawr, PA 19010.

Verification is complete when all requested documentation has been submitted and reviewed for accuracy. Verification documents should be submitted within 30 days of the initial request, but no later than 120 days after the last day of the student's enrollment.

If changes are made to the student's award during the verification process, Student Financial Services will send a revised award letter or notify the student by e-mail that changes have been made and can be viewed electronically through her virtual Bryn Mawr account.