2024-2025 Independent Verification Worksheet V5 for NCCC Financial Aid

Submit the completed worksheet and any required documentation to the Financial Aid Office at your campus. You can mail it to 23 Santanoni Avenue, Saranac Lake, NY 12983. Alternatively, you can fax it to 518-891-6562 or scan and email the documents to financialaid@nccc.edu. Ensure all sections are complete, and all signatures are in place to avoid delays. My advice is to double-check all entries and submit the form as soon as possible.

NCCC Financial Aid Office needs your completed worksheet by the following dates: July 1, 2024, marks the beginning of the support year. Aim to submit your forms as soon as possible to avoid delays in processing your aid. The final deadline for this form is June 30, 2025.

The primary purpose of the 2024-2025 Independent Verification Worksheet V5 is to verify information provided by independent students on their Free Application for Federal Student Aid (FAFSA). This verification process is mandated by the U.S. Department of Education to ensure the accuracy of data submitted and to establish eligibility for federal student aid. By confirming household size, income, and additional financial information, the financial aid office can accurately determine an applicant's financial need and award the right amount of aid. Students selected for verification must complete this worksheet, submit required documentation, and provide any additional information as requested by the Financial Aid Office. This thorough review ensures that aid distribution is fair and based on verified data. It also helps in identifying and resolving discrepancies that could potentially impact the amount and type of aid a student is eligible to receive. Completing and submitting this form in a timely manner is crucial for maintaining eligibility for federal financial aid. Any delays in submission could result in postponed or reduced financial aid rewards. North Country Community College aims to assist students throughout this process, providing support and guidance to ensure successful completion of all verification requirements.

• 1. Section A - Household Information: List the people in your household, including their age, relationship to you, and the college they will attend if applicable.
• 2. Section B - Student Federal Income: Provide details regarding your 2022 federal tax return, including whether or not you filed, used FAFSA's Direct Data Exchange, or require additional documentation.
• 3. Section C - Spouse Federal Income: Indicate whether your spouse filed a 2022 federal tax return and provide necessary documentation or indicate non-filer status.
• 4. Section D - Tax Return Non-Filers: For students and/or spouses who did not file a 2022 tax return, list all income sources from work, attaching supporting documents like W2 or 1099-MISC.
• 5. Section E - Signatures: Both the student and spouse (if applicable) must sign and date the form, certifying the accuracy and completeness of the provided information.

Failure to submit this form can result in delays or denial of financial aid. It's crucial to complete and return the worksheet promptly.

• Delayed Financial Aid: Not submitting the form on time can lead to postponements in receiving your financial aid package.
• Reduced Aid Eligibility: Incomplete verification can affect your eligibility and the amount of financial aid awarded.
• Inaccurate Aid Calculation: Failure to provide accurate information may result in incorrect assessment of financial need.

• 1. Verification Selection: When notified that your FAFSA has been selected for verification.
• 2. Household Information: To report the members of your household and their details.
• 3. Student Income: To provide your federal income tax information or non-filer details.
• 4. Spouse Income: To report your spouse's federal income tax information or non-filer details.
• 5. Additional Financial Information: To provide further financial details as required by the Financial Aid Office.