When you complete your FAFSA, you may receive a message which says: “Your FAFSA has been selected for a review process called verification.” All this means is that you may have to take a few extra steps to confirm the information you reported on your FAFSA before you can actually receive any financial aid funds. Please keep in mind that this is nothing to be concerned about. If the verification information matches the information we have already received, it will not have any impact on your financial aid.
These instructions are for the 2018–2019 academic year. If you have any questions about verification for another year, please contact your financial aid counselor.
Please visit the online financial aid system and view the “Documents” tab to see what we need from you. For the items listed as “Not Received” follow the corresponding instructions listed below for the requirements. Prospective freshmen may view outstanding requirements on MyMIT, but you do not have to complete verification before deciding if you will be attending MIT if you don’t want to.
Any paper documents required for verification should be submitted to IDOC. We cannot accept them directly.
All outstanding requirements should be received by 8/1/18. We will be unable to disburse any financial aid funds until verification is completed. If you have not completed this process by the deadline your account may be assessed a Hold Assessment Fee, you will be placed on registration hold that prevents you from registering for the spring term, and you may lose access to Institute services. If you need assistance or have questions about this process, please contact your financial aid counselor. If you believe you have already completed a requirement we are asking for, please let us know.
We may need info from students and/or parents who are listed on the FAFSA. Please follow the instructions only for the documents requested in the online financial aid system (current students) or MyMIT (prospective freshmen).
IRS Data Retrieval or IRS Tax Return Transcript
U.S. Income Tax IRS Data Retrieval through the FAFSA OR 2016 IRS Tax Return Transcript
Use the IRS Data Retrieval Tool for the quickest way to verifiy your information:
- Login to your FAFSA and use the Data Retrieval tool to connect your IRS data to your FAFSA and submit the update to us. If you have already used the Data Retrieval Tool since you first submitted your application, please contact your financial aid counselor to let us know.
- View this short instructional video for more specific guidance: https://www.youtube.com/watch?v=eiNkqyCIuro.
Or, if you are ineligible or otherwise choose not to use the IRS Data Retrieval Tool to retrieve tax information, we require a copy of your 2016 IRS Tax Return Transcript submitted to IDOC.
- You can request transcripts by using the self-help service tools on IRS.gov and clicking on “Get My Tax Record” or by calling 1-800-908-9946.
- Make sure to request the “IRS Tax Return Transcript” and NOT the “IRS Tax Account Transcript.”
If you are a non-tax filer
If you did not file a tax return, we will need a non-tax filer statement. These are accessed and submitted through IDOC.
- Please submit documentation for all amounts listed on the statement (W-2, 1099, etc.)
Along with the non-tax filer statement, for parents or independent students we will need a Verification of Non-filing Letter from the IRS, also submitted to IDOC:
- You can request the non-filing letter by using the self-help service tools on IRS.gov and clicking on “Get a tax transcript” under “Tools” or by calling 1-800-908-9946.
- If as a non-tax filer you choose “Get Transcript Online,” it will produce the non-filing letter for you.
If you file a non-U.S. Tax Return
Please submit documentation based on the appropriate category below to IDOC.
- A tax filer who filed an income tax return with Guam, the Commonwealth of the Northern Mariana Islands, the Commonwealth of Puerto Rico and the U.S. Virgin Islands may provide a signed copy of his or her income tax return that was filed with the relevant tax authority. However, if we question the accuracy of the information on the signed copy of the income tax return, the tax filer must provide us with a copy of the tax account information issued by the relevant tax authority before verification can be completed.
- A tax filer who filed an income tax return with the tax authority for American Samoa must provide a copy of his or her tax account information.
- A tax filer who filed an income tax return with tax authorities not mentioned above, i.e. a foreign tax authority, and who indicates that he or she is unable to obtain the tax account information free of charge, must provide documentation that the tax authority charges a fee to obtain that information, along with a signed copy of his or her income tax return that was filed with the relevant tax authority.
If you amended your tax return
If you had amended your tax return (filed a 1040X), please follow the instructions above under “IRS Data Retrieval or IRS Tax Return Transcript,” but also submit a signed copy of the 2016 1040X that was submitted to the IRS.
Please only submit a verification statement to us if we have requested it from you in the online financial aid system (current students) or MyMIT (prospective freshmen). The statement can be accessed and submitted through IDOC.