Verification is a federally-mandated review process. Methodist College is required to obtain and compare information submitted on tax documents, the verification form, and the FAFSA.
Students selected for verification must complete the verification form and submit all required documents. Students are notified by email if they are selected for verification. Verification can be a lengthy process. Therefore, we strongly recommend that students and their families submit the form and requested documents as soon as possible.
Failure to submit requested documentation may result in the cancellation of aid previously offered. Federal and state student financial assistance (e.g. Federal Pell Grant, Federal Stafford Loans, MAP Grants) cannot be processed or released to the student's account until the verification process is complete.
Any differences between the FAFSA and the information entered on the verification form or other requested documents 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 by email when a revised award letter has been generated due to verification adjustments
Students who are completing verification for an academic year should submit copies of the previous year's federal tax returns.