When you complete your FAFSA, you may receive a message that 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 receive any financial aid funds. This is nothing to be concerned about, and if the verification information matches the information we have already received, it will not have any impact on your financial aid.
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. Prospective first-year students should view outstanding requirements through the MIT application portal from the admissions office. Completing verification is not required before making the decision to attend MIT.
Any paper documents required for verification should be submitted to the College Board’s IDOC system. We are not able accept them directly.
All outstanding requirements should be received by August 1. We will be unable to distribute any financial aid funds until verification is completed. If you have not completed this process by the deadline, your account may be charged a hold fee, and you will be placed on a registration hold that prevents you from registering for classes. You may also 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 that we are asking for, please let us know.
We may need information from students or parents who are listed on the FAFSA. Please follow the instructions for the documents requested in the online financial aid system for current students or the application portal for prospective students.
How to verify your tax information
If you file a U.S. tax return
The IRS Data Retrieval Tool is the quickest way to verify your information:
- Log in 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 submitting your application, please contact your financial aid counselor to let us know.
- You can also view this short instructional video for more detailed directions.
If you are ineligible or otherwise choose not to use the IRS Data Retrieval Tool to retrieve tax information, you have two alternate options:
- You may submit a signed copy of your 2019 Federal Tax Return.
- A copy of the tax return may either have the filer’s signature if self-prepared or the name and PTIN of a paid tax preparer. If you had already submitted an unsigned return to IDOC and are now submitting a signed one, please contact us and let us know as we will not automatically be informed.
- You may submit a copy of your 2019 IRS Tax Return Transcript 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, we will need a Verification of Non-filing Letter from the IRS, also submitted to IDOC:
- This is only required for parents or federally independent students.
- 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:
- If you filed an income tax return with Guam, the Commonwealth of the Northern Mariana Islands, the Commonwealth of Puerto Rico, or the U.S. Virgin Islands, you may provide a signed copy of your income tax return that was filed with the relevant tax authority. If we question the accuracy of the information on the signed copy of the income tax return, you must also provide us with a copy of the tax account information issued by the relevant tax authority before verification can be completed.
- If you filed an income tax return with the tax authority for American Samoa, you must provide a copy of your tax account information.
- If you filed an income tax return with tax authorities not mentioned above, i.e. a foreign tax authority, you should provide a transcript from the government listing the total income earned and taxes paid in the last year (along with a translation into English, if applicable). If you are unable to obtain the tax account information free of charge, you must provide documentation that the tax authority charges a fee to obtain the information, along with a signed copy of your income tax return that was filed with the relevant tax authority.
If you amended your tax return
If you amended your tax return (filed a 1040X), please follow the instructions above under “U.S. Income Tax IRS Data Retrieval or IRS Tax Return Transcript,” and also submit a signed copy of the 2019 1040X that was submitted to the IRS.