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Financial Aid

2011-2012 Verification Policy

Mt. San Antonio College is a participant of the Department of Education Quality Assurance program. As a QA participant, the institution conducts verification of those data elements for financial aid recipients based on a QA assessment. Therefore, the data elements verified can differ from the regular required verification requirements.

Based on prior year assessment, the following verification policies will be applied at Mt. SAC.

Dependent:

If any of the following comment codes are listed on the ISIR, the student will fall into the Dependent.

Verification Track:

032, 034, 035, 045, 085, 087, 091, 092, 093, 094, 096, 097, 106

In addition, the following are possible reasons why the student fell into the Dependent Verification Track:

• Parent’s tax filing status is “I will file..”
• Student’s tax filing status is equal to “I will File..”
• Does not meet simplified needs test and students cash is left blank
• Does not meet simplified needs test and parents cash is left blank
• Does not meet simplified needs test and parents investment greater than 0 or left blank
• Does not meet simplified needs test and parents business net worth greater than 0 or left blank
• Parents total income is greater than $45,000
• Parents IRS data retrieved and changed on application
• Parents IRS data retrieved and changed on correction
• Students IRS data retrieved and changed on application
• Students IRS data retrieved and changed on correction

 

Independent:

If any of the following comment codes are listed on the ISIR, the student will fall into the Independent.

Verification Track:

 073, 074, 092, 093, 094, 097, 098, 106, 123, 175, 176, 177, 274

In addition, the following are possible reasons why the student fell into the Independent Verification Track:

• Student’s tax filing status is equal to “I’m going to file…”
• Student’s total income is greater than $30,000
• Students IRS data retrieved and changed on application
• Students IRS data retrieved and changed on correction
• Does not meet simplified needs test and students cash is left blank
• Does not meet simplified needs test and students investment greater than 0 or left blank
• Does not meet simplified needs test and students business net worth greater than 0 or left blank
• Does not have auto-zero EFC and student cash left blank
• Does not have auto-zero EFC and students investment greater than 0 or left blank
• Does not have auto-zero EFC and students business net worth greater than 0 or left blank
• Does not meet simplified needs test and household size = 1
• Does not meet simplified needs test and will not file taxes
• Does not meet simplified needs test and Income is less than $50,000
• Does not meet simplified needs test and student living ‘off campus’

 

Revised: June 2011