Understanding The Verification Process

During the FAFSA process, the Department of Education may select you for a verification.  In this process, Franklin’s Financial Aid Office is required to compare information from your FAFSA with your (your spouse’s if married and/or your parent(s) if you are a dependent student) financial documents and family information.  The verification process must be completed prior to awarding federal and/or state aid.  If there are differences between your FAFSA information and your financial documents, our office will make the necessary corrections to your FAFSA.  Please monitor your Franklin email as well as your self-service account to review any missing documents needed for our office to proceed with the awarding of federal and/or state aid.  Please ONLY submit documents that are requested on your Self-Service account.  For your protection DO NOT send any financial or personal protected information to any email address other than finaidforms@franklin.edu.

If you (and your spouse, if married and/or your parent(s) if a dependent student) DID file a IRS Tax return AND we are requesting a copy of your Tax Return Transcript (see Self-Service) due to incomplete transfer from the IRS please submit your Tax Return Transcript (for the applicable year) to our office at finaidforms@franklin.edu.  If you are unable to obtain a Tax Return Transcript from the IRS please submit a SIGNED and DATED copy of your IRS 1040 Form, including all applicable schedules (1,2,3).

If you (and your spouse, if married and/or your parent(s) if a dependent student) DID NOT and WERE NOT REQUIRED to file a IRS Tax return AND we are requesting a Verification of Non-Filing Letter from the IRS please submit to our office at finaidforms@franklin.edu.

• You can obtain a “Tax Return Transcript”, a “Verification of Non-Filing Letter”, or a “Wage and Income Transcript” from the IRS in real time online or by mail at irs.gov/transcript or complete a paper request by submitting an IRS form 4506-T directly to the IRS and forwarding the documents to our office once you receive it.

If an Amended Tax Return was filed for the applicable tax year AFTER the FAFSA was completed please submit a SIGNED copy of your 1040X along with your IRS Tax Return Transcript to our office.