2022-2023 College Catalog

Maintaining Financial Assistance

Financial aid recipients must reapply for financial aid each academic year. Students who fail to renew their applications will be required to pay their educational costs until such time as their continued eligibility has been established. In some cases, the student will receive retroactive payment.

Recipients must notify the aid office in writing if their financial circumstances change (change or loss of employment, change in dependents, etc.).

The Verification Process

Documentation

Verification Item

Acceptable Documentation

Household size

Independent Federal Verification Worksheet
Dependent Federal Verification Worksheet

Number enrolled in college

Independent Federal Verification Worksheet
Dependent Federal Verification Worksheet

Adjusted Gross Income

Signed copy of the Federal Tax Transcript

U.S. income tax paid

Signed copy of the Federal Tax Transcript

Certain untaxed income and benefits

Signed copy of the Federal Tax Transcript Wage and Income Transcript
1099s
Other documentation supporting the income and/or benefits received\

Additional Documentation (requested for various reasons)

 

Marital Status

Marriage Certificate
Divorce Decree
Legal Separation Documentation of separation from spouse

Miscellaneous

Child Support received/paid
Birth Certificates
Monetary Support Documentation
Worker’s Compensation benefits
HUD
Homeless documentation
Court Documents Issuing Legal Guardianship
Third Party Letters of Support or Explanation
Other

Applicant Responsibility

Time Period

Consequences for Failure to Provide Documentation

Notification

C-Flags

  1. Documentation is reviewed by financial aid specialist

  2. If additional documentation is needed, the financial aid specialist contacts the students.

  3. If documentation is complete and accurate, the financial aid specialist processes the students aid

Needs Analysis

Calculating Federal Methodology

Referral Procedures

Special Circumstances