ATLANTA HONG KONG LACOSTE SAVANNAH eLEARNING

Applying for and Receiving Financial Aid

Verification Factsheet

Certain students are selected for verification by the federal government when a Free Application for Federal Student Aid (FAFSA) is filed. Notification of selection of verification appears on the Student Aid Report (SAR). SCAD students are notified by SCAD student financial services via e-mail and on MySCAD. When a student is selected for verification, the student financial services department is required to verify various data elements listed on the student's FAFSA. If you have been selected for verification, please read the following instructions carefully to avoid a delay in processing your aid.

What you should do now
What happens next
Did you request a time extension on your tax return?

1. Submit completed and signed verification worksheet.
2. Submit signed copy of prior year tax return.

a. Dependent student must also submit parent(s) signed prior year tax return
b. Independent student must also submit spouse's signed prior year tax return if filing separately (as applicable).
c. Foreign tax returns must be converted into U.S. dollars, as on the FAFSA.
d. To request a copy of your tax return, contact your tax consultant, or call the IRS at 800.829.1040 to request a tax transcript.

3. Submit completed paperwork to SCAD Student Financial Services, P.O. Box 2701, Savannah, GA, 31402-2701.
4. Please refrain from making corrections to your FAFSA at this time. The student financial services department will make any necessary corrections when verification is completed.

The information submitted to SCAD Student Financial Services is compared to the information on your FAFSA. Depending on the time of year, this process can take up to two weeks to complete.

If there are no discrepancies between the information on your FAFSA and the information you supplied, your financial aid is processed and your award letter is sent.

If there are discrepancies between the information on your FAFSA and the information you supplied, the student financial services department will make the corrections. When the corrections are processed you will receive another Student Aid Report (SAR) from the government and SCAD will receive a copy; your financial aid is processed and your award letter is sent.

If the student financial services department needs clarification or additional information on the items you submitted, you will be notified. All issues must be resolved for the verification process to move forward. Financial aid will not be awarded, or if awarded, will not disburse until verification is completed. If verification cannot be completed before the end of the quarter, you could lose eligibility for some types of financial aid for that quarter. Generally, financial aid cannot be awarded or disbursed after the end of the award year; therefore, timely submission of supporting documents is imperative.

If you are selected for verification after you received your initial award letter, your financial aid could change after verification is completed. A revised award letter is sent via e-mail and by postal mail within two weeks if your financial aid changes.

Please return the form either by:
Mail:

SCAD

Student Financial Services

P.O. Box 2701

Savannah, GA 31402-2701

E-mail: sfs@scad.edu

Fax: 912.525.6173

If you requested a filing extension, you must submit a copy of the completed Application for Automatic Extension of Time to file U.S. Individual Income Tax Return, IRS Form 4868 along with the following documentation:

Verification worksheet
W-2s from all wage earners

The actual tax return(s) must be submitted prior to the six month deadline granted by submitting Form 4868. If the student financial services department does not receive the completed tax return(s) by the deadline, verification cannot be finalized and you are required to repay any aid disbursed.

2011-12

2011-12 Dependent Verification Worksheet
Submit this form only if you have been notified that it is required.

2011-12 Independent Verification Worksheet
Submit this form only if you have been notified that it is required.

Contact Admission

E-mail

Atlanta

scadatl@scad.edu

Hong Kong

admission_hk@scad.edu

Savannah, eLearning

admission@scad.edu

Phone

Atlanta
404.253.2700 or 877.722.3285

Hong Kong
852.2253.8000

Savannah, eLearning
800.869.7223 or 912.525.5100

Mailing

Atlanta
Hong Kong
Savannah
eLearning

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