Verification Process

Understanding The Verification Process

Sometimes during the FAFSA process, the IRS will select you for verification. If selected, you will receive an email from Franklin's Financial Aid Office along with information regarding the forms you will need to submit. Below you will find additional details related to the verification process.

Verifying Your Income

Using the IRS Data Retrieval Tool (IDRT) when you complete your FAFSA is the easiest, fastest, and best way to verify income. If you are unable to use IDRT or Franklin sent you an e-mail requesting a Tax Return Transcript for 2021 (2023-24), you MUST request a transcript of the federal tax return you filed with the IRS.

There are a few ways to request a Tax Return Transcript from the IRS.

  1. The Preferred Method is online at the IRS website.
    Click on the blue button that says "Get Transcript online" or "Get Transcript By Mail". If you don't already have an account, you will be asked to set one up. Once your account is setup, you will be able to request a Tax Return Transcript to view, print and download or to be mailed to you. Mailed transcripts will be sent to you in 5-10 calendar days at the address the IRS has on file for you.
  2. If you are unable to use Get Transcript online or by mail, you may try the automated phone transcript service at 1.800.908.9946 to receive your transcript by mail. Please allow 5-10 calendar days for delivery.

IMPORTANT: A copy of a tax return is not acceptable.

NOTE: If you (or your spouse, if married; or parent if a dependent student) filed an Amended Federal Tax Return (1040X), a SIGNED copy of your 1040X must be attached with the IRS Return Transcript and submitted to our office.

Verification Forms

Do not complete these forms unless you have received a request from our Financial Aid office. Please complete ONLY the forms that have been requested.

2024 - 2025