The Department of Education randomly selects FAFSA information for a process called Verification. If you are selected for verification, Maryville College will be comparing your FAFSA information with your 2014 IRS Tax Return Transcript, information you supply on the Maryville College Verification Worksheet and other required financial documents. Federal regulations require us to collect this information before disbursing federal aid. If there are differences between your FAFSA and the verification documents, we will make the corrections and send the required changes electronically to the federal student aid processor to have your information reprocessed. No Federal Aid can be awarded until verification has been completed.
Check your Online Financial Aid System to see what verification documents you are required to submit to the MC Financial Aid Office.
- Visit the Online Financial Aid System Student Log In.
- Click on the Documents and Loan Information tab.
If your FAFSA is selected for verification, your completed verification worksheet and all required documentation are due in the Financial Aid Office by July 31, 2015. If extenuating circumstance prevent you from meeting this deadline, please contact the Financial Aid Office.
If you are required to submit a copy of your and/or your parents’ 2014 Tax Return Transcript(s), you must either correct your FAFSA by using the IRS Data Retrieval Tool (option 1) or provide the MC Financial Aid Office with a copy of your and/or your parents’ IRS Tax Transcript(s) for 2014 (option 2). MC recommends students and parents choose option 1.
Option 1: IRS DATA Retrieval Tool
Note: you will be unable to select this option if you are married and filed separately, if a parent had a change of marital status after December 31, 2013, or if anyone filed an amended tax return.
- Log in as a Returning User to your 2015-2016 FAFSA.
- Click on “Make FAFSA Corrections” and enter your PIN and create a password.
- Click on Financial Information.
- Under Parent Financial Information, confirm that the filing status (first question) says “Already Completed.”
- Enter your PIN. Click on the “LINK TO IRS” button.
- Follow the instructions on the IRS Data Retrieval Tool. Be sure to check the box and click on “Transfer Now.”
- When returned to the FAFSA website, enter your wages.
- Complete the IRS Data Retrieval Tool a second time under Student Financial Information if the student filed a tax return for 2014.
- Continue to the “SIGN & SUBMIT” section. Both the student and parent must sign the FAFSA using their PINs. Once signed, press “SUBMIT MY FAFSA NOW.”
- Still need help using the IRS Data Retrieval Tool? View this helpful video on YouTube provided by the University of California Santa Barbara. http://www.youtube.com/watch?v=W47_YTRVYD4
Option 2: Request an IRS Tax Transcript
Tax filers can request a 2014 IRS Tax Return Transcript free of charge from the IRS. Once you have printed/saved your transcript, please send a copy to the MC Financial Aid Office by mail: Maryville College Financial Aid, 502 E. Lamar Alexander Pkwy, Maryville, TN 37804, by email to firstname.lastname@example.org, or by fax, 865-981-8084. Note: You must submit an IRS Tax Return Transcript as we are not permitted to accept copies of your actual tax return.
Online Request for IRS Tax Return Transcript
- Go to the IRS website.
- Under TOOLS select “Get Transcript of Your Tax Records.”
- Click on “Get Transcript Online.”
- Set up an account.
- After user authentication, provide the reason for the request.
- You are requesting a “Tax Return Transcript” for 2014.
- Print or save the pdf file and email it with your Maryville College Verification Worksheet to the Financial Aid Office, email@example.com or fax it to 865-981-8084.
- Call the IRS at 1-800-908-9946.
- Follow the prompts to enter social security number and street address.
- Select the option to request an IRS Tax Return Transcript.
- Enter “2014” for the year of the transcript.
You may visit your nearest IRS office to obtain an IRS Tax Return Transcript. Wait times may be long during peak hours.
If you are required to submit a Maryville College Verification Worksheet or a Maryville College Supplemental Worksheet:
- Download the worksheet from the Documents and Loan tab on your Online Financial Aid System.
- Complete the Verification Worksheet or Supplemental Worksheet in its entirety.
- If the student is a dependent, both the student and a parent must sign the Verification Worksheet or Supplemental Worksheet.
Submit to the MC Financial Aid Office your completed and signed Verification Worksheet (pages 3 –4 only), copies of your 2014 IRS Tax Return Transcripts (if required), copies of your 2014 W-2 and 1099 forms, and all other financial documents we have requested.
You may submit your documents by:
- Fax: 865-981-8084,
- Mail: Maryville College, Financial Aid, 502 E Lamar Alexander Pkwy, Maryville, TN 37804,
- Or bringing them to our office in 141 Fayerweather Hall.
NOTE: Please include Maryville College's School Code on your FAFSA: 003505