<p>how do you know if your FAFSA application has been audited?</p>
<p>I think the school actually does the verification. They will make you provide documentation to support your figures. You will know. About 30% are selected for verification.</p>
<p>At some schools 100% are verified. You send in your tax returns with documentation as part of the application.</p>
<p>If you have an * next to your SAR amount, that usually means you are verified. There are a variety of reasons, from the school doing 100%, to you said you would file, etc., it does not mean any one is supicious of your info, it's just part of the process. Essentially, you provide your tax returns and you fill out a form double checking some of your numbers.</p>
<p>Some schools will make adustments, for instance if one is self-employed, they may choose to add back in certain tax deductions, like depreciation, etc.</p>
<p>2 years ago I was marked for "verification" - because I had changed my FAFSA more than twice (1st time estimate; 2nd time real numbers; 3rd time because I got an unexpected LATE 1099 form). Anyway, the school asked for my tax return, W-2s and I had to answer some questions on a form.</p>
<p>No problem last year, though I did FAFSA twice (1st time estimate - 2nd time real numbers).</p>
<p>This time filed for 2 daughters - I was selected for verification for youngest D's school. They want same thing as 1st time for older D.</p>
<p>Thanks for your replies. Turns out I did get audited. My SAR report shows an asterick next to my EFC. Now I'll just have to wait for my schools to request my documents- even though some of my schools already asked for my Tax forms back when I submitted my apps.</p>
<p>As long as you didn't provide false info, you have nothing to worry about. It's just a formality some of the schools have to go through.</p>
<p>We were "verified" for three years in a row (oddly...we had NO need based aid...none). The school sent us a friendly letter asking us for all of our documents including 2 years of tax returns, all W-2's, 1099s and any other supportive documentation that we used for our taxes (e.g. charitable donation receipts, etc). It's just a PITA...the only time you would need to worry is if the info on your FAFSA was NOT supported by the documents.</p>