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The next section of this form contains OLLU Financial Aid policies, deadlines, rules, regulations, information on loans, and other pertinent data about the financial aid process. Please read each section. At the end of each section, you must acknowledge that you have read and understand the section. All sections must be complete. If you do not understand the information included on this form, do not complete the form. Contact the OLLU Office of Financial Aid for assistance atPhone: 210-434-6711 or 800-324-4310Email: firstname.lastname@example.org
What is verification?Verification is a process by which the Financial Aid Office is required to verify the data that was submitted on a FAFSA application. Students selected must submit documentation to validate the information used to file the FAFSA. Any discrepancies found during the Verification Process will be adjusted on the FAFSA to correspond with documentation.If you are selected for verification, you cannot receive any federal or state aid until verification is completed.How will I be notified if my FAFSA record has been selected for verification?You will receive an email from the Department of Education that you have been selected for the verification process and you will be directed to contact the financial aid office at your school. You will also receive an official request for verification documents from the Financial Aid Office at OLLU.
Important Note:Please make sure all documents submitted to Financial Aid Office have your legal name, OLLU student ID or date of birth.
Will these be the only documents required for verification?Additional documents may be required depending on individual circumstances; those may include documentation regarding: receipt of food stamps, child support paid, selective service confirmation, amended tax return, W-2, etc.How do I obtain an IRS Tax Return Transcript for 2017?You can order an IRS Tax Return Transcript by calling 1-800-908-9946 or online at www.IRS.gov – click on “order a Return Transcript” and request the 2017 IRS Tax Return Transcript.What if I am a non-filer?If you or your parents are non-filers, you will need to submit an IRS Form 1722-Verification of Non-filing. This is an official IRS letter confirming that a taxpayer did not file taxes for a particular tax year. IRS Form 1722 can be requested by completing IRS Form 4506-T, checking the box marked “Verification of Non-filing,” and mailing it to the IRS, or by calling the IRS at 1-800-908-9946.You will also need to submit 2017 W2’s for each employer, if applicable.Is there a deadline for submitting and completing Verification?There is no specific “deadline” for submitting the Verification documents; however, Verification will need to be completed before a student is awarded.What if I have questions about this process?Contact the Financial Aid office via Email at email@example.com or by phone at210-431-3960.