Thursday, April 5, 2012

FAFSA: Linking to the IRS

Federal financial aid programs have changed their method of verifying student income information. In the past, you may have brought in a copy of your tax return. Now, if you have not already done so, you need to go back to www.fafsa.ed.gov and link your FAFSA Financial Information to the IRS information about your taxes. Follow these steps to do so. If you have any questions, visit the Financial Aid Office on campus.

2) Click the orange "Start Here" button.
3) Enter your personal information.
4) Click on the 2012-2013 tab at the top of the page (you may already be on the right page).
5) Click on "Make FAFSA Corrections," a blue link about mid-page.
6) Enter you four-digit PIN and password.
7) Click on the Financial Information tab at the top of the page between Parent Demographics and Sign & Submit.
8) Your Financial Information page should look something like this. Click on the link at the bottom of the checklist, "View option to link to the IRS." This student already linked his/her information, so your form will have a different statement before the link, but the link will be in the same location.


9) Complete the IRS form with the exact information you used on your tax forms. If an error occurs and you very recently filed taxes, your taxes may not yet be processed. You will have to link your information at a later date. Check back in a few days and try again. If the link occurs correctly, you will be taken back to the FAFSA.
10) Click "Save" at the bottom of the page after you see that all of the blanks are filled in and say Transferred from the IRS above them.
11) Click on the Save & Submit tab at the top of the page. Follow the steps to submit your correction/link to the IRS information.

No comments:

Post a Comment