Verification is a federally mandated review process. The Office of Financial Assistance Services is required to obtain and compare information submitted on tax documents, the verification form and the FAFSA.
Students selected for verification must complete the University of Miami verification form and submit all required documents. Students are notified by email if they are selected for verification. Students may also review their verification status on MyUM. Verification can be a lengthy process, therefore we strongly recommend that students and their families submit the form and requested documents as soon as possible.
Failure to submit requested documentation may result in cancellation of aid previously offered. Federal student financial assistance (e.g. Federal Pell Grant, Federal Stafford Loans) cannot be processed or credited to the student's account until the verification process is complete.
Any differences between information entered on the verification form or other requested documents and the FAFSA will result in a new determination of financial need. This new determination of financial need may alter the student's financial aid awards and eligibility. Students will be notified by email when a revised award letter has been generated due to verification adjustments.
|Students who are completing verification for the 2012-2013 academic year should submit signed copies of 2011 federal tax return transcript.|
|Students who are completing verification for the 2013-2014 academic year should submit copies of 2012 federal tax return transcript.|
Due to new federal regulations, beginning during the 2012-2013 academic year the Office of Financial Assistance will not be able to accept copies of tax returns for verification. It is now required to submit copies of official IRS Tax Return Transcripts. These can be ordered online at www.irs.gov or by calling 1-800-908-9946.