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V1-I V1 Independent: Standard Verification 2014 2015 Verification Worksheets Faulkner State Community College Independent student is a student who for the 2014 2015 year, meets any of the following
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How to fill out v1-independent - verification worksheet

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How to fill out the v1-independent verification worksheet:

01
Gather all financial documents: Before starting to fill out the worksheet, gather all necessary financial documents such as tax returns, W-2 forms, bank statements, and any other supporting documents.
02
Complete the student information section: Fill in the student's personal information, including name, social security number, address, and contact details.
03
Provide household size: Indicate the number of people living in the student's household. This should include the student, the student's parents (if applicable), and any other dependents.
04
Report income information: Provide accurate information about the student's and parents' income. Include wages, salaries, tips, business income, grants, and any other sources of income.
05
Disclose additional financial information: If there are any other financial assets or liabilities, such as investments, real estate, or debts, provide the details in this section.
06
Sign and date the worksheet: Once all the necessary information has been filled in, review the worksheet for accuracy, sign it, and insert the date.

Who needs the v1-independent verification worksheet?

01
Independent students: The v1-independent verification worksheet is required for students who are considered independent according to the Free Application for Federal Student Aid (FAFSA) guidelines. These are typically students who are at least 24 years old, married, have dependents of their own, are veterans, or who meet other criteria.
02
Students applying for financial aid: The v1-independent verification worksheet is necessary for students who are applying for financial aid, including federal grants, loans, and work-study programs. It helps to verify the student's income and household information for accurate determination of their eligibility.
03
Students selected for verification: Some students may be selected for verification by their college or university's financial aid office. In such cases, they will be required to fill out the v1-independent verification worksheet to validate the information provided on their FAFSA.
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