Question 1

Why does the Financial Aid Office need tax transcripts and other verification forms?

admin · Accepted Answer

The Department of Education requires schools that disburse Title IV funding (financial aid) to verify a certain percentage of submitted FAFSA applications. This should not in any way be contrued as suspicion or doubt on MACU's part or that of the Department of Education. The FAFSA can be a difficult form and mistakes are very common. This is our way of making sure everything is as accurate as possible.

Question 2

Why does the Financial Aid Office need tax transcripts and other verification forms?

admin · Accepted Answer

The Department of Education requires schools that disburse Title IV funding (financial aid) to verify a certain percentage of submitted FAFSA applications. This should not in any way be contrued as suspicion or doubt on MACU's part or that of the Department of Education. The FAFSA can be a difficult form and mistakes are very common. This is our way of making sure everything is as accurate as possible.