<p>I just got my SAR back and I noticed this:</p>
<p>
[quote]
If an asterisk '*' displays next to the EFC it means the application has been selected for verification.
[/quote]
</p>
<p>Why do they put this asterisk? How are they going to verify it? And why do they have doubts?</p>
<p>It probably is routine- perhaps your EFC is out of whack with your gross income
What they will usually do is request once you have filed- copies of signed tax forms including schedules and W-2s for parents and student</p>
<p>its a random process..... some of the universities you send the fafsa too will randomly pick students for verification....</p>
<p>you send your taxes and w-2's and all that, and they can find out if you are lying on your income to get more financial aid....</p>
<p>just a random check to see if all of us are telling the truth</p>
<p>some schools select all recipients for verification
For the last 5 years ( she took a year off and didnt attend) we submitted the information listed above</p>
<p>About 30% of all FAFSA applications get verified. It means that school not allowed to give you fin aid without requesting supporting paperwork- W-2 from you and your parents and tax forms. Sometimes they might call your parent to clarify some unusual claims or ask to submit additional info if your taxes are complicated.
Many schools verify 100% of their applications.</p>