4Criteria for Independent Students: Aggregate Verification Tracking Group (IndV5)

The V5 verification tracking group is the Aggregate Verification Group. Students must verify identity or statement of educational purpose in addition to the items in the Standard Verification Group.

Note:

Students with ISIRs that have any one of these Incarcerated Applicant (Field 298) flag values aren't required to complete standard verification (V1) requirements:

• 1 (Correctional Facility Address file)
• 2 (Received via P.O. Box at IDC)
• 3 (Incarcerated Applicant Flag set in FAA Access)

Baseline Configuration has been updated so that only Identity and Statement of Educational Purpose documents are requested for this population.

The Independent Verification Worksheet is only requested in scenarios where the Student Updated Family Size (Field 61) and/or Assumed Student Family Size (Field 329) values are not blank. When these values are not blank the student must provide all of their family information.

The Rollover Statement is only requested from Student and/or Student Spouse if these fields have a value greater than 0:

• Student Untaxed IRA distributions (Field 870)
• Student IRA deductible and payments (Field 871)
• Student Untaxed Portions of IRA Distributions (Field 91)
• Student IRA Rollover (Field 92)
• Student Spouse Untaxed IRA distributions (Field 890)
• Student Spouse IRA deductible and payments (Field 891)
• Student Spouse Untaxed Portions of IRA Distributions (Field 151)
• Student Spouse IRA Rollover (Field 152)

One of the following documents—Tax Transcript, 1040, 1040x, or Foreign Tax Transcript—is requested from Student and/or Student Spouse if the following fields have a value greater than 0:

• Student Foreign Income Tax Exclusion (Field 103)
• Student Spouse Foreign Income Tax Exclusion (Field 161)