Verification is a federally mandated review process. The Financial Aid Office is required to confirm the accuracy of information submitted on the FAFSA for students who have been selected for verification by the U.S. Department of Education.
Students are notified by email if they are selected for verification. Students selected for verification must submit all required documents. Verification can be a lengthy process; therefore we strongly recommend that students and their families submit the requested documents as soon as possible.
Failure to submit requested documentation may result in cancellation of aid previously offered. Finanacial Aid cannot be processed or credited to the student's account until the verification process is complete.
Any differences between information on documents submitted to the Financial Aid Office and information on the FAFSA will result in a new determination of financial need. This new determination of financial need may alter the student's financial aid awards and eligibility. Students will be notified when a revised financial aid award has been generated due to verification adjustments.
Please be aware of financial aid deadlines. If the requested documents/data are not provided, you will be forfeiting your financial aid.
If selected for verification, you will be notified via email and directed to review your checklist on Financial Aid Self Service to more details about what forms and information is required. Only submit the forms that have been requested.
What is Required?
To complete the verification process, you will need to provide the following information. You can obtain the required forms and track the status of documents received by reviewing your checklist on Financial Aid Self Service.
Fully complete, sign, and return all forms requested. Required forms can be printed directly from your Financial Aid Self Service checklist.
For Tax Filers, 2016 Income Information (Student and Parent, if Dependent)
If you are selected for verification and have not used the IRS Data Retrieval Tool (DRT) on the FAFSA, you will be asked to do so. This process allows your tax information to be imported directly from the IRS into your FAFSA application. If possible, utilize this option.
The DRT will not be available under the following circumstances:
- A joint tax return was filed for the student or the student's parents and they have filed the FAFSA with a marital status of separated, divorced, or widowed.
- If the tax filer is married to someone other than the individual included on the joint tax return.
- If the parent or student was not married in the prior year but is married at the time the FAFSA is filed. The current spouse's income must be reported on the FAFSA.
- If the parents or the student is married but filed tax returns separately.
If you are not able to use the DRT, you must request a tax return transcript (not a tax account transcript) directly from the IRS using one of these methods:
ONLINE: If you are able to answer certain security questions, you can print a copy of your tax return transcript directly from the IRS website. Please send a copy of the printed transcript to the Financial Aid Office at McDaniel College as soon as possible.
Get Transcript by Mail: Go to the IRS website to request a paper transcript that will be mailed to the requestor within 5 to 10 days. THIS CANNOT BE SENT DIRECTLY TO MCDANIEL COLLEGE. After you receive it, send it to the Financial Aid Office at McDaniel College as soon as possible.
TELEPHONE: Call (800) 908-9946 to request a paper transcript that will be mailed to the requestor within 5 to 10 days. THIS CANNOT BE SENT DIRECTLY TO MCDANIEL COLLEGE. After you receive it, send it to the Financial Aid Office at McDaniel College.
IRS FORM 4506T-EZ: Use this form to request a paper transcript that will be mailed to the requestor within 5 to 10 days. Transcripts ordered using this method can be mailed directly to McDaniel College by the IRS only if the tax filer requests this on Line 5.
Nontax FIlers Requirement
Independent students and parents who did not file a tax return for 2016 (and tax filers who received an extension but have still not filed an income tax return) are required to provide verification of nonfiling dated on or after October 18, 2017. A verification of nonfiling letter must be obtained directly from the IRS. Directions on how to obtain a verification of nonfiling letter are available here.
For students/parents who have been granted a tax filing extension, the following may be submitted: Copy of IRS Form 4868 (application for automatic extension) and copies of all W-2s, unless self-employed (If self-employed, provide a signed statement of AGI and taxes paid).
Verification of Income for Individuals with Special Circumstances
For students/parents who are the victim of IRS identity theft and are not able to obtain an IRS Tax Return Transcript or use the IRS Data Retrieval Tool, the following documents must be provided to the Financial Aid Office:
- An IRS Tax Return Database View (TRDBV) Transcript.
- In addition, a statement, signed and dated by the tax filer, indicating that he/she was a victim of IRS tax-related identity theft and that the IRS has been made aware of the tax-related identity theft.
For students/parents who filed a foreign income tax return, please provide a signed copy of an official English translation of the 2016 Foreign Tax Return Transcript.
- In cases where an individual from a foreign country, under that country’s applicable government agency rules, is not required to file an income tax return, he/she can provide a signed statement certifying all of the individual’s income and taxes paid for the tax year.
- A signed copy of the applicable 2015 income tax return that was filed with the taxing authority is only acceptable if tax filers are unable to obtain a free copy of a transcript of their tax information.
- A tax filer who filed an income tax return with tax authorities and who indicates that they are unable to obtain the tax account information free of charge, must provide documentation that the tax authority charges a fee to obtain that information, along with a signed copy of his/her income tax return that was filed with the relevant tax authority
If a student/parent had a distribution from a IRA and/or Pension Distribution that was rolled over (directly transferred or deposited into another IRA or eligible retirement plan) additional information is needed by the financial aid office in order to correctly award the student’s financial aid.
If the student/parent used the IRS Data Retrieval Tool to link the taxes to the FAFSA, IRA and/or Pension rollovers may be included in the untaxed income. This may result in a higher Expected Family Contribution (EFC) and reduce your financial need.
Students/parents with a IRA and/or Pension Distribution that was rolled over should complete the McDaniel College Special Curcumstances Appeal form and the IRS Form 1099R that was received for the distribution.
If requested, please complete the High School Status Form to certify the student’s high school completion status when he/she begins college in 2018-2019.
As indicated on the form, please also provide to the Financial Aid Office one of the following documents:
- A copy of the student's high school diploma;
- For students who completed secondary education in a foreign country, a copy of the "secondary school leaving certificate" or other similar document;
- A copy of the student's final official high school transcript that shows the date when the diploma was awarded;
- A state certificate or transcript received by a student after the student passed a State-authorized examination that the State recognizes as the equivalent of a high school diploma (GED test, HiSET, TASC, or other State-authorized examination).
- An academic transcript that indicates the student successfully completed at least a two-year program that is acceptable for full credit toward a bachelor's degree.
- For a student who was homeschooled in a state where state law does not require the student to obtain a secondary school completion credential for homeschooling (other than a high school diploma or its recognized equivalent), a transcript, or the equivalent, signed by the student's parent or guardian, that lists the secondary school courses the student completed and includes a statement that the student successfully completed a secondary school education in a homeschool setting.
If the student is unable to obtain the documentation listed above, please contact the Financial Aid Office for further assistance.
You may be required to complete a Statement of Educational Purpose as part of the Federal Verification process. If you are unable to come to our office in person with unexpired valid government-issued photo identification, you may complete this Statement of Educational Purpose in the presence of a Notary Public.
This statement will need to be submitted to our office by mail or in person, as we are required to collect the original.