Parent - Verification Instructions For Tax Extension Filers printable pdf download

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California State University, Chico

PARENT - VERIFICATION INSTRUCTIONS FOR TAX EXTENSION FILERS

Your application was selected for a review in a process called “Verification.” For more information on verification, see

our Web page at:

Preliminary Verification and Disbursement

Your parent(s) indicated that they requested a 2015 tax filing extension from the IRS. If your parent(s) still have not

filed their 2015 income taxes, they may complete and submit the attached worksheet with the appropriate documentation

to complete your preliminary verification so you may receive a preliminary disbursement. A preliminary verification and

disbursement is considered temporary and will allow us to disburse financial aid based on your parent(s) estimated tax

information.

To receive a preliminary disbursement of financial aid, you must complete the attached form and submit all

required documentation from SECTION A and SECTION B.

If your parents were initially granted a tax filing extension, but will be filing their tax returns prior to May 18, we

recommend that you hold off on submitting the requested verification documents, as shown on your “To Do List,” until

your parent(s) tax filing information is available.

Required Final Verification

Your verification requirement is not considered complete, even if you have submitted preliminary verification docu-

ments and received a preliminary disbursement. Your verification is considered complete when our office has received

your parent(s) 2015 tax data that has been filed with the IRS.

After your parent(s) submit their 2015 tax returns to the IRS, you must complete the final verification process by

updating your FAFSA with their tax information, and use the IRS Data Retrieval Tool, by November 4, 2016. If you are

unable to use the IRS Data Retrieval Tool, a 2015 tax return transcript must be submitted to our office by November 4,

2016.

If it is determined that your parent(s) projected tax information was estimated incorrectly, the Financial Aid

Office will adjust your award accordingly. If you received aid based on your parent(s) estimated tax information that you

were not eligible for, you must repay it.

FAILURE TO COMPLETE FINAL VERIFICATION

If the required final verification is not completed by November 4, 2016, you will be required to repay all financial aid

that has been preliminarily disbursed and all your future aid for the award year will be canceled.

If you have any questions about this information, please contact the Financial Aid Office at 530-898-6451 or via email at

finaid@csuchico.edu

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Parent - Verification Instructions For Tax Extension Filers