A student was selected under the V4 group for verification in the previous year. The student is selected for V4 verification again this year. Can the school "roll over" the identity and Statement of Educational Purpose document from the previous year?
No. The student must submit documentation of identity/Statement of Educational Purpose each year it is requested, generally, via the verification process. Each time a student files a FAFSA for the new award year, the student also signs the Statement of Educational Purpose. The identity piece is to verify the student is the person who signed the FAFSA and the Statement of Educational Purpose. Essentially, this is put in place to combat fraud and is award year-specific.
For additional information, try the Student Aid Reference Desk. It is a central hub of all the important financial aid resources you need with direct links to legislation, regulation, Dear Colleague Letters, and other ED and NASFAA references. It is updated on a rolling basis with the latest news and changes. Search Verification.
Publication Date: 5/24/2021