Verification

NASFAA’s Professional Credentials provide financial aid administrators and professionals in related fields the opportunity to earn tangible recognition for mastery of content pertaining to federal Title IV aid administration. To earn this credential, candidates need to know the basic principles and processes for verification of a student’s FAFSA® application data. Candidates also need to know when verification is required and for which student applicants, which data elements must be verified, and what documentation is acceptable. In addition, candidates need to know about the FUTURE Act Direct Data Exchange, and tax-filing thresholds and forms, as well as the corrections process, interim disbursements, timeframes and deadlines, and how verification relates to the exercising of the financial aid administrator’s professional judgment authority. Holding this credential demonstrates the ability to ensure a school’s verification policies and procedures result in the use of accurate data to establish eligibility for need-based federal student aid.