Verification is the confirmation through documentation that the information provided on a student’s FAFSA is correct. The Verification process ensures that students receive all the financial aid to which they are entitled.
If you are selected for Verification by the federal processor, there will be an asterisk next to your Expected Family Contribution (EFC) on your Student Aid Report (SAR). If the NKU Office of Student Financial Assistance selects your application for Verification, the office will contact you in writing to let you know both that you have been selected and what additional documentation is required. You can also review your myNKU account for documentation needed. NKU will notify you by mail and email instructing you through the Verification process.
Students may be chosen for Verification randomly, the FAFSA submitted was incomplete, the FAFSA contains estimated information, or the data that was provided on the FAFSA is inconsistent. NKU may select students who have conflicting information or make corrections after the student has been packaged for financial aid.
Log in to your myNKU portal, click on the financial aid tab, and then click on the documents tab. Here you will see which verification you were selected for and can download the appropriate worksheet.
If you cannot download the worksheet from myNKU, see the Office of Financial Assistance for a paper copy.
Important: The manner in which federal tax information is collected by colleges and universities has changed. Signed copies of federal tax returns (1040, 1040A, 1040EZ) are NO LONGER acceptable documents for Verification.
Only an official TAX RETURN TRANSCRIPT is considered acceptable documentation.
To obtain a free IRS TAX RETURN TRANSCRIPT go to www.irs.gov and click "Order a Return or Account Transcript". MAKE SURE TO ORDER THE "IRS TAX RETURN TRANSCRIPT" and NOT the "IRS tax account transcript". You may also request the tax return transcript by calling the IRS at 1-800-908-9946.
Students and their parents who are required to file a federal tax return are encouraged to use the IRS Data Retrieval Tool when completing the FAFSA. The tool allows for your federal tax information to be transferred directly to your FAFSA.
Using the IRS Data Retrieval Tool is the most accurate way to report tax information when completing the FAFSA. It is NOT a GUARANTEE that you will not be selected for the Verification process if you utilize the IRS Data Retrieval Tool.
If you filed a tax return electronically, the data will be available in 1-2 weeks through the IRS Data Retrieval Tool. Allow 6-8 weeks for data from tax returns filed by paper.
How to use the Data Retrieval Tool (from http://fafsa.gov):
Please note: We suggest you provide verification documentation to our office within 30 days in order to prevent delayed disbursement of your financial aid.
Please contact the Office of Student Financial Assistance for additional information.