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 for verification appears on the Student Aid Report (SAR). Students are notified by SCAD via email and on MySCAD. When a student is selected for verification, the financial aid office 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.

1. Submit completed and signed verification worksheet, as requested.
2. If you successfully utilized the IRS data retrieval tool when completing the FASFA and did not change the data on your FAFSA, you are not required to submit a tax transcript and will not be asked for one.

3. If you did not utilize the IRS data retrieval tool, or made changes to the data on your FAFSA, you must submit your prior-year IRS tax return transcript(s).

a. Dependent students must also submit parent(s) prior-year IRS tax return transcript.
b. Independent student must also submit spouse's prior-year IRS tax return transcript if filing separately.
c. Foreign tax returns must be converted into US dollars, as on the FAFSA.

d. IRS transcripts can be requested online, by phone 800.908.9946, or by mail using form 4506-T.

4. If you submitted an amended tax return to the IRS, you must also provide a signed copy of your 1040X amended return, in addition to the IRS tax return transcript.

5. You do not need to make changes to your FAFSA; SCAD will do that as needed after verification. However, you can update your FAFSA using the IRS data retrieval tool and if no changes are made to the data submitting a tax transcript is not necessary.

 
The information submitted to SCAD is compared to the information on your FAFSA. This can take up to two weeks, depending on the time of year. If there are no discrepancies between the information on your FAFSA and the information you supplied, your financial aid is processed and you will receive an award letter.

If there are discrepancies between the information on your FAFSA and the information you supplied, the financial aid office will make the corrections. When the corrections are processed you will receive another Student Aid Report from the government. Your aid will be processed and you will receive an award letter.

If the financial aid office does not have enough information or needs clarification on items submitted, you will be notified. Verification cannot continue until all issues are resolved. Financial aid is not awarded, or if already awarded will not be disbursed, 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 have received your initial award letter, your financial aid could change after verification is completed. You will receive an updated award letter notification via email within two weeks, if aid changes.


Locations
Bradley Hall
115 E. York St.

Savannah, Ga. 31401

912.525.5820 (undergraduate) or 912.525.6315 (graduate)

1600 Peachtree St. NW
Atlanta, Ga. 30309
404.253.3400

292 Tai Po Road
Sham Shui Po, Hong Kong
852.2253.8000

Mail to:
SCAD
Financial Aid office
P.O. Box 2701
Savannah, Ga. 31402-2701
Email: financialaid@scad.edu
Fax: 912.525.6173

 

If you have 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
  • Self-employed persons must provide a signed statement with the amount of their adjusted gross income (AGI).
 


Contact 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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