Get the free V5 independent verification worksheet year ... - Lamar University - lamar

Office of Student Financial Assistance Lamar University Kimberly Building Room 200 (409) 8807011 Fax (409) 8808934 PO Box 10042 Beaumont, TX 77710 www.Lamar.edu/financialaid V5 INDEPENDENT VERIFICATION

How to fill out v5 independent verification worksheet

How to fill out v5 independent verification worksheet:

1. Begin by obtaining the v5 independent verification worksheet from the appropriate source, such as your school's financial aid office or the Department of Education's website.
2. Carefully read the instructions provided on the worksheet to ensure you understand the purpose and requirements of the form.
3. Gather all the necessary documents and information required to complete the worksheet. This may include your federal tax returns, W-2 forms, and any other financial documentation.
4. Start by filling out the student information section of the worksheet, providing your name, social security number, and other requested details.
5. Provide information about your household, including the number of people living in your household and the number of family members attending college.
6. Indicate if you or your family members have received any means-tested federal benefits, such as SNAP or TANF.
7. Report your and your parents' (if applicable) adjusted gross income and taxes paid for the specified tax year.
8. Enter information about untaxed income and benefits, such as child support, veterans' non-education benefits, and workers' compensation.
9. Disclose any additional financial information, such as assets or education savings accounts.
10. Review all the information you have provided for accuracy and completeness.
11. Sign and date the worksheet, and ensure that any required signatures from your parents are also obtained.
12. Make a copy of the completed worksheet for your records and submit the original form to the appropriate entity, as specified in the instructions.

Who needs v5 independent verification worksheet:

1. Students who are applying for financial aid through the federal student aid program may be required to fill out the v5 independent verification worksheet.
2. The form is generally requested when there are inconsistencies or discrepancies in the information provided by the student on the Free Application for Federal Student Aid (FAFSA).
3. Additionally, students or families selected by the Department of Education for verification will need to complete the v5 independent verification worksheet to verify the accuracy of their financial information.

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