Tax Return Acceptance Changes
The process for verifying income when a student is selected for verification has changed. Effective for 2012-2013, income for tax filers may be verified in one of two ways.
- Use the IRS Data Retrieval Tool: Go back into the FAFSA, select make corrections, and use the IRS Data Retrieval tool to import your 2011 tax return.
Step By Step Video Showing How To Use the Data Retrival Tool
- Request Tax Transcript: You may request a "tax transcript" from the IRS and return it to our office. To obtain a copy, call toll free 1-800-908-9946, or go on-line to www.irs.gov. Click on "Order a Return or Account Transcript", and then click on "Tax Return Transcript". (NOTE: We can NO LONGER ACCEPT copies of tax returns - IT MUST BE AN OFFICIAL IRS TAX RETURN TRANSCRIPT [2012-2013 aid year and beyond]).
Information About Vertification
Students are selected for verification by the Department of Education. Institutions must verify the information provided by the student/spouse and/or parents before an award can be offered to the student. Pellissippi State students who are selected for verification may check for their required verification documents through myPellissippi (instructions above). It is very important to turn in all required documents to the Financial Aid office as soon as possible. Delays in response or submission of incomplete verification documentation will delay the offer of a student financial aid award package.
Students who are eligible for Tennessee Educational Lottery Scholarships may be flagged for verification even if they qualify for no other aid. Verification must be completed before an award can be offered to the student by Pellissippi State.
Please contact the Pellissippi State Financial Aid Office if you have questions or if you are unsure if you have been selected for verification. Staff are available to assist students with any questions or concerns regarding their eligibility.
- All Verification Forms are now accessible by logging into myPellissippi, clicking on the "Financial Aid" tab, then "Your Requirements."