[Oasfaa] FSA Verification Guidance & Required Documentation Question

[Traci Franks]

Yes, Linda, that's what we understood from FSA as well.  We immediately
started taking 1040's yesterday after the email from NASFAA.

Thanks,
*Traci L. Franks*
*Financial Aid Director*

*Murray State College*
*One Murray Campus Dr.*
*Tishomingo, OK  73460*
*phone: 580-387-7220*
*fax: 580-387-7229*
*tfranks at mscok.edu <tfranks at mscok.edu>*


"
*Mission Statement:  Murray State College Provides Opportunities for
Student Learning, Personal Growth, Professional Success, and Community
Enhancement"*


On Thu, Jan 10, 2019 at 3:13 PM Good, Linda <linda.good at okstate.edu> wrote:

> We happily started taking 1040s, etc. yesterday right after we got the
> word from NASFAA.  So now our students and parents have three options—use
> the IRS DRT, get us a tax return transcript, or give us a signed copy of
> their 1040/1040A/1040EZ.
>
>
>
> My impression from the announcement at FSA that going back to accepting
> 1040s was long-term.  I don’t believe the information was put out there as
> a Plan B just in case the government shutdown.  I’d be curious to hear from
> others who heard the announcement at FSA.  What was your impression?
>
>
>
> Happy start of spring semester, everyone!
>
> Linda
>
>
>
> Linda Koehn Good, M.S.
>
> Associate Director, Client Services
>
> Office of Scholarships & Financial Aid
>
> *Oklahoma State University*
>
> 119 Student Union | Stillwater, OK 74078
>
> 405-744-7568
>
> financialaid.okstate.edu
>
>
>
> [image: cid:image001.png at 01CD3500.5B9D73D0]
> <http://financialaid.okstate.edu>
>
>
>
> *From:* OASFAA [mailto:oasfaa-bounces at lists.onenet.net] *On Behalf Of *Karen
> Jeffers
> *Sent:* Thursday, January 10, 2019 12:44 PM
> *To:* oasfaa at lists.onenet.net
> *Subject:* [Oasfaa] FSA Verification Guidance & Required Documentation
> Question
>
>
>
> **External Email - Please verify sender email address before responding.**
>
> Greetings Colleagues!
>
>
>
> Since FSA released guidance about changes to 2018-19 and 2019-20
> verification requirements
> <https://ifap.ed.gov/eannouncements/010919Chngsto1819and1920VerificationReq.html>,
> I am curious what other institutions are doing.  Do you plan to revert back
> to accepting signed 1040s or are you sticking to the IRS tax return
> transcript?   I realize that this guidance comes at a time when students
> are experiencing issues with the IRS’ online “Get Transcript” due to
> scheduled maintenance, so I’m not asking about short term solutions to the
> current problem.  I am, however, looking for your long term plans with your
> overall verification policy and any adjustments your institution is making
> to the required documentation that you will accept  (specifically, IRS tax
> return transcripts and non-filing letters).
>
>
>
> Thank you,
>
> Karen
>
>
>
> *Karen Jeffers*
>
> Director of Financial Aid & Scholarships
>
> Tulsa Community College
>
> 3727 E Apache St
>
> Tulsa, OK 74115
>
>
>
> Northeast Campus  SU 205D
>
> 918-595-7362
>
> karen.jeffers at tulsacc.edu
>
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20190110/8d7d8b12/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 14808 bytes
Desc: not available
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20190110/8d7d8b12/attachment.png>