Glossary of Document Tracking Terms for 2013 - 2014

Accepted For Admission – To be eligible for federal student aid at Southeast Tech, a student must have completed the application process and be officially accepted into a program.  Work with your Admissions Counselor to complete the steps necessary to be accepted for admissions. o be eligible for federal student aid at Southeast Tech, a student must have completed the application process and be officially accepted into a program.  Work with your Admissions Counselor to complete the steps necessary to be accepted for admissions.

Admission Status is Inactive – Contact the Office of Admissions to determine what steps you must complete to reactivate your application for admissions.

Admissions Matriculation Fee – Required for acceptance into your chosen program AFTER all other application requirements have been completed.  Payment of the Matriculation Fee holds your spot in the program.  If you feel you have paid this fee contact the financial aid office to ensure we are aware that the fee has been paid.

Admissions Pending – Contact Admissions – To be eligible for federal student aid at Southeast Tech, a student must have completed the application process and be officially accepted into a program.  Work with your Admissions Counselor to complete the steps necessary to be accepted for admissions.

All Parent Info on FAFSA – Based on information you provided on the FAFSA or in person, you are considered dependent for purposes of receiving federal student aid.  A student of dependent status must include parent inform on the FAFSA to determine eligibility for federal student aid.  If your birth parents are no longer or never were married, include the birth parent that provides you with more support, regardless of how minor that support may be.  If that birth parent is remarried at the time you are completing the FAFSA, you must also include your stepmother/father information on the FAFSA.

Apply for Admission to Southeast – You may submit an application online at www.southeasttech.edu

Asset Clarification – Parent – After submitting verified information to the Department of Education, the school has been informed that parent asset information must be included.  Because you chose to skip these questions when you originally completed the FAFSA, the needed information can be submitted using this form.  Please report the NET WORTH for each asset listed at the time your FAFSA was originally submitted.

Asset Clarification – Student - After submitting verified information to the Department of Education, the school has been informed that your asset information must be included.  Because you chose to skip these questions when you originally completed the FAFSA, the needed information can be submitted using this form.  Please report the NET WORTH for each asset listed at the time your FAFSA was originally submitted.

Award Letter – The Award Letter is the official document from STI that tells you the financial assistance you are eligible for.  The Award Letter will include all federal funds you are eligible for and any 3rd party assistance that has been reported to STI by you or your 3rd party provider.  Once awarded, a student must complete the online acceptance process on STInet to accept or decline federal loans.  If your Award Letter’s document tracking status is “Not Received” you have not yet completed the online acceptance process.  You will receive your Award Letter via US mail once you have been awarded.  Complete the online acceptance by following the steps listed on your Award Letter.  If your Award Letter’s document tracking status is “Not Reviewed” you have completed the online acceptance process but your acceptance has not yet been processed by the Financial Aid Office.  Once processed the document tracking status will be updated to “Received”.  Remember that all funds are awarded based on enrollment status and other eligibility factors at the time of awarding.  Because eligibility for funds may change after a student is awarded, STI reserves the right to adjust any/all funds to reflect appropriate eligibility prior to actual disbursement of funds.

Cancel Pending Aid at Previous School – When attempting to prepare your Award Letter it was discovered that a different school still has pending aid in your name for the same time frame.  Before you can be awarded at STI, all such pending aid must be cancelled at your previous school.  Contact their financial aid office and request that all pending Federal Student Loans and Pell Grant in your name be cancelled.  Be sure to contact the financial aid office at STI once you think the pending aid has been cancelled by your previous school.

Change “Support Child?” on FAFSA to NO – Based on information provided on your verification documents, you have not shown evidence that you provide more than 50% of the total support for the child/children included in your household.  As a result, you will need to return to your FAFSA at www.fafsa.gov, sign-in, select “Make Corrections” and then in the Dependency Status section, change the response to “Do you have children who will receive more than half of their support from you?” to NO.  If this was the only question that qualified you for Independent status, you will now be considered Dependent for financial aid purposes.  All of your parent information will now need to be included on your FAFSA and a parent will need to sign your FAFSA using a federal Pin #.

Child Support Paid Documentation - 2012 – Acquire a summary of child support paid from the Department of Social Services for the appropriate year.

Child Support Rec’d Documentation – 2012 – Acquire a summary of child support received from the Department of Social Services for the appropriate year.

Complete Question 23 Worksheet – Those students who have reported previous drug-related convictions may be required to complete this form to determine eligibility for federal student aid.

Confirm Start Date – Contact Admissions – The year for which the FAFSA was completed does not match the anticipated start date Admissions has on file for you.  Contact your Admissions Counselor to determine whether your start date needs to be updated with Admissions or if you have completed the wrong FAFSA.  If you determine the start date Admissions has on file is accurate, contact the Financial Aid Office to request that the incorrect FAFSA be inactivated.

Copy of Divorce Proceedings – Provide signed and dated legal documentation showing that official divorce proceedings have been initiated.

Copy of Driver’s License – A copy of driver’s license is requested when information provided on the FAFSA does not match information on file with the Social Security Administration.  When requested, a driver’s license must be current and must have the current legal name and matching signature for the individual requested.  All information must be clearly legible.

Copy of INS Card – Requested when the government is not confirming US citizenship.  An INS card with alien registration number confirms Eligible Non-Citizen status.

Copy of Social Security Card – A Social Security card must be updated anytime there has been a legal name change.  A copy of Social Security card is requested when information provided on the FAFSA does not match information on file with the Social Security Administration.  When requested, a Social Security card must have current legal name and signature for the individual requested.  All information must be clearly legible.

Copy of Page 4 of Your DD214 – Requested when a student has reported to be a veteran of U.S. Armed Forces while completing the FAFSA but the Department of Veteran Affairs did not confirm such status for financial aid purposes.  Be sure your form includes the “Special Additional Information” section at the bottom of the page.

Double Major Form – Only classes required for the major a student has been accepted into count when determining a student’s eligibility status for federal financial aid.  Before a student can receive financial aid for classes in a second (or third) major, the Double Major Form must be completed with a Student Success Advisor.  In addition, the student’s degree program information must reflect this change before classes from the additional major(s) will count toward federal aid eligibility.  Students requested to complete this process should be sure to notify the financial aid office once completed.

Entrance Counseling @ studentloans.gov – All students accepting federal student loans for the first time must complete Entrance Counseling at www.studentloans.gov.  There are several different types of Entrance Counseling offered, so be sure to complete Entrance Counseling for Undergraduate Students.  Entrance Counseling is an educational piece used to inform the student borrower of federal student loan rules and regulations.

Financial Aid Suspension – Student has failed to maintain satisfactory academic progress during previous semesters at STI.  Financial Aid Suspension at STI means that student is not currently eligible for federal student aid at STI.  Student may be eligible for an alternative loan (eligibility based on credit history of student and/or co-signer) while attempting to reestablish federal eligibility.

Free Application for Federal Student Aid – Also known as FAFSA.  If your Free Application for Federal Student Aid has a document tracking status of “Incomplete” it typically means that critical information and/or the required signature(s) must still be added.  Review your Document Tracking page on STInet to identify missing information.

GED Scores – While completing your FAFSA you indicated that you have completed your GED.  Admissions must have a copy of your GED Certificate to document that you have indeed received your GED before you can be awarded federal student aid.

H.S. Final Transcript with Grad Date - While completing your FAFSA you indicated that you have received a high school diploma.  Admissions must have a copy of your final high school transcript that clearly shows your graduation, or diploma date.  To get accepted into a program at STI you may have provided Admissions with an incomplete dopy of your transcript prior to your graduation.  Be sure the transcript you provide includes your graduation date. 

Home School State Certification – While completing your FAFSA you indicated that you have received a state certification confirming completion of Home Schooling.  Admissions must have a copy of your Home School state certification before you can be awarded federal student aid.

IRS 2012 Tax Ret Transcript – Parent* - Federal guidelines no longer permit a school to accept a copy of an actual tax return.  Instead, a Tax Return Transcript must be obtained from the IRS.  A Tax Return Transcript can be obtained in 3 ways: 

  1. Request at https://sa2.www4.irs.gov/irfof-tra/start.do,
  2. Request via phone at 1-800-908-9946
  3. Visit your local IRS Office.  If married parents filed separately, both parents must provide signed Tax Return Transcripts.  Be sure a parent listed on the transcript signs the bottom of the first page prior to sending the form(s) to STI.  Tax Return Transcripts are available after a return has been filed AND it has been processed by the IRS.  If filing electronically, this is typically within 10-14 days of filing.  If filing via US Mail, this is typically within 6-8 weeks of filing.

IRS 2012 Tax Ret Transcript – Parent** - Either obtain a Tax Return Transcript as described above OR utilize the IRS Data Retrieval Tool at the beginning of the “Financial Information” section of the student’s FAFSA.  Student must log onto the FAFSA at www.fafsa.gov, select “Make Corrections”, go to the “Financial Information” section and use the IRS Data Retrieval Tool.  A successful match with the IRS tax return information must be made and then select the “transfer now” option below the numbers.  Once the financial information has been transferred to the FAFSA, be sure to manually complete all questions that don’t say “transferred”.  Once all financial information is complete, be sure to sign and submit the FAFSA before closing.

IRS 2012 Tax Ret Transcript – Spouse – If married at the time the FAFSA is first completed, the FAFSA requires tax information for both individuals regardless of their marital status during the tax year requested.  If married and you filed your federal tax return jointly with your spouse, only 1 copy of the Tax Return Transcript is necessary.  The student should be the person who signs the transcript at the bottom of the first page.  If married and you filed separately for the tax year requested, copies of both Tax Return Transcripts are necessary.  Each individual would need to sign his/her own Tax Return Transcript.  If the student is eligible to use the IRS Data Retrieval Tool on the FAFSA, the spouse should be eligible to use the IRS Data Retrieval Tool as well.

  1. IRS 2012 Tax Ret Transcript – Student* - Federal guidelines no longer permit a school to accept a copy of an actual tax return.  Instead, a Tax Return Transcript must be obtained from the IRS.  A Tax Return Transcript can be obtained in 3 ways: 
  2. Request at https://sa2.www4.irs.gov/irfof-tra/start.do,
  3. Request via phone at 1-800-908-9946 
    Visit your local IRS Office.  If married parents filed separately, both parents must provide signed Tax Return Transcripts.  Be sure the student listed on the transcript signs the bottom of the first page prior to sending the form(s) to STI.  Tax Return Transcripts are available after a return has been filed AND it has been processed by the IRS.  If filing electronically, this is typically within 10-14 days of filing.  If filing via US Mail, this is typically within 6-8 weeks of filing.

IRS 2012 Tax Ret Transcript – Student** - Either obtain a Tax Return Transcript as described above OR utilize the IRS Data Retrieval Tool at the beginning of the “Financial Information” section of the student’s FAFSA.  Student must log onto the FAFSA at www.fafsa.gov, select “Make Corrections”, go to the “Financial Information” section and use the IRS Data Retrieval Tool.  A successful match with the IRS tax return information must be made and then select the “transfer now” option below the numbers.  Once the financial information has been transferred to the FAFSA, be sure to manually complete all questions that don’t say “transferred”.  Once all financial information is complete, be sure to sign and submit the FAFSA before closing.

Low Income Form – Parent – When completing the FAFSA, no income was reported for parent(s).  The Parent Low Income Form is used to document how the family was surviving without income by parent(s).  When completing this form, estimated monthly value for each item listed must be included in the left column.  In the right column (source), list how that item was actually paid for.  Examples of source of payment might include Housing Assistance, Food Stamps, SSI Benefits or Disability Benefits.

Low Income Form – Student - When completing the FAFSA, you as an independent student reported having no income from work during the tax year in question.  The Student Low Income Form is used to document how you and your other family members (if any) were surviving without income from work.  When completing this form, estimated monthly value for each item listed must be included in the left column.  In the right column (source), list how that item was actually paid for.  Examples of source of payment might include Housing Assistance, Food Stamps, SSI Benefits or Disability Benefits.

LPN Official Transcripts – To be eligible for the LPN to RN program at Southeast Tech, a student must have already completed an LPN degree.  If that LPN degree was completed at a school other than STI, official transcripts from that school must be received, showing completion of the LPN degree.  Financial aid for the LPN to RN program can’t be awarded until these transcripts have been received.

MPN @ studentloans.gov – All students accepting federal student loans for the first time must complete a Master Promissory Note (MPN) at www.studentloans.gov.  There are several different types of Master Promissory Notes available, so be sure to complete a Master Promissory Note for Subsidized/Unsubsidized Loans (all one choice, regardless of whether you are accepting both types of loans or just one type).  The Master Promissory Note describes in detail the terms of federal student loans and is also the document by which you promise to pay back any federal student loans that you accept.

Must Enroll 5+ Credits Req’d for Major – To possibly be eligible for federal student loans during STI’s summer session (May-July) a student must be enrolled for a minimum of 5 credits required for the major(s) that student has officially been accepted into.  Once a student has registered for 5+ credits required for major(s), be sure to notify the financial aid office.

Must Enroll 6+ Credits Req’d for Major – To possibly be eligible for federal student loans during STI’s fall or spring semester(s) a student must be enrolled for a minimum of 6 credits required for the major(s) that student has officially been accepted into.  Once a student has registered for 6+ credits required for major(s), be sure to notify the financial aid office.

Not Working on Master’s at STI – While completing the FAFSA the student indicated that the degree they are seeking is a Master’s Degree.  Since STI does not offer Master’s Degrees, student will need to return to their FAFSA at www.fafsa.gov , log in, choose “Make Corrections” and in the Student Demographic section, change this response from Master’s Degree to Associate’s Degree (Occupational/Technical).

Official Trans From All Colleges 2010-13 – Because you have received federal student aid from multiple schools in a short period of time, the Department of Education has implemented guidelines to ensure your intent to attain a college degree.  These guidelines require you to provide the financial aid office with Official Transcripts from all colleges you have attended from the summer of 2010 through the summer of 2013.  To review the schools you attended during this time frame, log into www.nslds.ed.gov and choose the “Financial Aid Review” link.  Once you have provided all of the necessary transcripts, a review of your enrollment history will be completed.  Further documentation may be required at that time to determine federal student aid eligibility. 

Parent(s) 2012 W2(s) – While the verification process in general does not require submission of W2’s, on occasion certain discrepancies can only be resolved with information provided on a W2.  If requested, be sure to provide a copy of all W2’s for the appropriate tax year.  W2 Transcripts acquired from the IRS for the appropriate tax year are also acceptable documentation if original W2’s are not available.  If visiting your local IRS Office to obtain W2 Transcripts, please know that on W2 Transcripts will only be provided for individuals who are present.

Pay Outstanding Balance – You have a remaining balance on your STI student account that must be paid before you can receive federal financial aid for your next semester.  Contact the STI Business Office to make arrangement to pay your bill.  Once your bill is paid, be sure to notify the STI Financial Aid Office.

Proof of Citizenship – Documents that can be accepted as proof of United States Citizenship include a copy of a United States Birth Certificate or a copy of a United States passport.

Reactivate Admissions – Student has previously applied for admission but has been moved to inactive status by admissions.  Contact Admissions to determine what is need to be accepted for admission.

Release of Information Form – A student may use this form to give STI personnel permission to speak with a parent(s), spouse, sibling or other individual who may be assisting the student with their educational experience.  It is up to the student to determine whether they wish to submit this form.

Repay Pell Overpayment – The Department of Education has reported that the student has received an overpayment of Pell Grant at a previous school.  The student is not eligible for further federal student aid until this overpayment has been resolved.  Student must contact that previous school’s financial aid office to determine what needs to be done to repay that Pell Grant overpayment.

Revised Award Letter - The Revised Award Letter is the official document from STI that tells you of additional financial assistance you are newly eligible for, typically as a result of a Parent PLUS Loan application or completion of a summer financial aid application.  Once awarded, a student must officially inform the financial aid office of any newly awarded loans he or she wishes to accept.  If the online acceptance process on STInet has already been used during the current award year to accept or decline federal loans, acceptance and/or denial of Revised Award Letter loans will need to be done in writing.  You will receive your Revised Award Letter, along with acceptance/denial instructions, via US mail once you have been awarded.  If your Revised Award Letter’s document tracking status is “Not Received” you have not yet completed the acceptance process.  If your Revised Award Letter’s document tracking status is “Not Reviewed” you have completed the acceptance process but your acceptance has not yet been processed by the Financial Aid Office.  Once processed the document tracking status will be updated to “Received”.  Remember that all funds are awarded based on enrollment status and other eligibility factors at the time of awarding.  Because eligibility for funds may change after a student is awarded, STI reserves the right to adjust any/all funds to reflect appropriate eligibility prior to actual disbursement of funds.

Selective Service Verification – It is a responsibility of all men residing in the Unites States between the ages 18 and 26, regardless of citizenship status, to register with Selective Service.  Men between the ages of 18 and 26 can register online at www.sss.gov.  Men under the age of 18 should return to your FAFSA at www.fafsa.gov, log in, choose “Make Corrections” and in the Student Demographics section, change your response to “Register Me” when asked if you have registered with selective service.  Men 26 and older must request a Status Information Letter by visiting www.sss.gov.  If you are female, return to your FAFSA at www.fafsa.gov, log in, choose “Make Corrections” and in the Student Demographics section, be sure you have answered the student gender question.

Signed FAFSA Application – Parent – A parent has not yet signed the student’s FAFSA using a federal PIN#.  Register for a PIN# at www.pin.ed.gov.  To add a signature, student must log into their FAFSA at www.fafsa.gov, choose “Add Signature” and then parent must provide PIN#.  Be sure to click on the “Submit” button to complete the signature process.

Signed FAFSA Application – Student – The student has not yet signed the student’s FAFSA using a federal PIN#.  Register for a PIN# at www.pin.ed.gov.  To add a signature, student must log into their FAFSA at www.fafsa.gov, choose “Add Signature” and then student must provide PIN#.  Be sure to click on the “Submit” button to complete the signature process.

SNAP Documentation for 2011 or 2012 – Obtain a summary of SNAP benefits for the year requested from the Department of Social Services.  Federal guidelines require that institutions document proof of SNAP benefits before federal student aid can be awarded.

Spouse 2012 W2(s) – While the verification process in general does not require submission of W2’s, on occasion certain discrepancies can only be resolved with information provided on a W2.  If requested, be sure to provide a copy of all W2’s for the appropriate tax year.  W2 Transcripts acquired from the IRS for the appropriate tax year are also acceptable documentation if original W2’s are not available.  If visiting your local IRS Office to obtain W2 Transcripts, please know that on W2 Transcripts will only be provided for individuals who are present.

Statement Regarding Dependency Status – If a student is requesting that the financial aid office consider a dependency override due to abandonment by parents, an abusive family environment that threatens the student’s health or safety, or the student being unable to locate parents, a written statement explaining past and current relationship with parents is needed.  This statement must clearly describe the student’s relationship (or lack thereof) with each birth parent, including any situations that have resulted in that current relationship.  The statement must be either typed or written in pen, it must be dated and it must be signed by the student.

Statement Regarding Family Size – The number of family members you included on your Verification Worksheet does not match the number of family members you reported while completing the FAFSA.  The statement provided must:
  1. Be done by student if the student is independent or be done by parent if the student is dependent
  2. Be done in ink or be typed
  3. Clearly state the correct number of family members
  4. Clearly state the number of family members who will be attending college in 2013-2014
  5. Clearly state why and where (either on the FAFSA or on the Verification Worksheet) a mistake was made
  6. Be signed and dated

Statement Regarding Number in College – The number of family members in college during the current FAFSA year as reported on your Verification Worksheet does not match the number of family members in college as reported on your FAFSA.  To resolve the conflicting information, the statement you provide must:

  1. Be done by student if the student is independent or be done by parent if the student is dependent
  2. Be done in ink or be typed
  3. Clearly state the correct number of family members
  4. List first and name for all family members, their age, their relation to you, and the college each will be attending during the 2013-2014 school year (if appropriate).
  5. Clearly state why and where (either on the FAFSA or on the Verification Worksheet) a mistake was made
  6. Be signed and dated

Student Loans in Bankruptcy – According to the Department of Education, you have included a defaulted Title IV loan or grant overpayment in a bankruptcy petition.  You are not eligible for further federal student aid unless you can show that the loan(s) and/or grant overpayment(s) in question are dischargeable.  must obtain a written statement from the holder of the debt that states that the specific debt is dischargeable in bankruptcy because the debt has been in repayment for at least 7 years (excluding any periods during which repayment has been suspended) or, in cases where the debt has not been in repayment for at least 7 years, that the applicant's hardship petition has been approved by the bankruptcy court.

Student Loans in Default – The Department of Education has indicated that one or more of your previous student loans has reached default status due to unpaid balances.  A student is not eligible for further federal student aid at any school until the default status is removed from the loan(s) in question.  It is the responsibility of the student to contact the servicer for the loan(s) in question to resolve the matter.  Servicer contact information is available in the comments section of your Student Aid Report (SAR) and is also available at www.nslds.ed.gov by clicking on the “Financial Aid Review” link and completing the sign-in form using their federal Pin#.  (A reminder of your Pin# can be acquired at www.pin.ed.gov by clicking the “Request A Duplicate” link on the Pin site and then answering the challenge question.)  STI must receive clear confirmation of default resolution from either the servicer or the Department of Education before a student can be awarded federal student aid.  Such confirmation can be mailed, faxed or emailed to the Financial Aid office.  Any conflicting information must be resolved before eligibility can be reestablished.

Student 2012 W2(s) – While the verification process in general does not require submission of W2’s, on occasion certain discrepancies can only be resolved with information provided on a W2.  If requested, be sure to provide a copy of all W2’s for the appropriate tax year.  W2 Transcripts acquired from the IRS for the appropriate tax year are also acceptable documentation if original W2’s are not available.  If visiting your local IRS Office to obtain W2 Transcripts, please know that on W2 Transcripts will only be provided for individuals who are present.

Summer ’14 Financial Aid Request Form – This form must be completed by a student who is requesting that financial aid be awarded for the summer of 2014.  To be eligible for financial aid during the summer session, a student must be enrolled for 5 or more credits required for the major(s) a student is accepted into.  Completing the summer Financial Aid Request Form does not increase the amount of total federal aid a student is eligible for, but instead sets aside a portion of the fall ’13 and/or spring ’14 federal funds a student is eligible for.  This form must be filled out completely using pen, signed and dated.

Third Party Documentation – 2 Letters – If a student is requesting that the financial aid office consider a dependency override due to abandonment by parents, an abusive family environment that threatens the student’s health or safety, or the student being unable to locate parents, a student must obtain 2 letters confirming the unusual circumstances.  These letters must be from non-family sources and must confirm/support the unusual circumstances.  Third party sources could include, but are not limited to doctors, lawyers, ministers/priests, law enforcement authorities or psychologists.  Letters must be on company letterhead and must be signed and dated.

Update Last Name on FAFSA – The last name used while completing the FAFSA must be a student’s current, legal last name at the time of filling out the FAFSA.  If your last name has changed since you last did your FAFSA, be sure that you use your new last name when completing a future FAFSA.  To update your name on the FAFSA, refer to How do I make corrections to my FAFSA? on the Financial Aid Frequently Asked Questions page.

Validation of Independency – When a student is claiming independent status (for purposes of receiving federal student aid) due to reasons other than the automatic age qualifier or having dependents, this form must be completed to show which category applies to the student.  Definitions of each qualifying status and the corresponding legal documentation that is required are also provided on this form.

Verification Worksheet – Beginning with the 2013-2014 FAFSA year, the Department of Education has created five distinct types of verification.  The verification worksheet that coincides with the type of verification a student is selected for must be completed in full and returned to the financial aid office along with any other documents requested.

V1 Dependent Verification Worksheet – Standard Verification requiring confirmation of information similar to previous years - must include parent(s) information and signature

V1 Independent Verification Worksheet – Standard Verification requiring confirmation of information similar to previous years – must include spouse information if married

V2 Dependent Verification Worksheet – SNAP Verification requiring confirmation of only SNAP Benefits for student and/or parent(s)

V2 Independent Verification Worksheet – SNAP Verification requiring confirmation of only SNAP Benefits for student and/or spouse

V3 Dependent Verification Worksheet – Child Support Paid Verification requiring confirmation of only Child Support Paid for student and/or parent(s)

V3 Independent Verification Worksheet – Child Support Paid Verification requiring confirmation of only Child Support Paid for student and/or spouse

V4 Dependent Verification Worksheet – Custom Verification requiring confirmation of High School, GED or Home School completion of student, Identity and Statement of Educational Purpose of student, SNAP Benefits for student and/or parent(s) and Child Support Paid for student and/or parent(s)

V4 Independent Verification Worksheet – Custom Verification requiring confirmation of High School, GED or Home School completion of student, Identity and Statement of Educational Purpose of student, SNAP Benefits for student and/or spouse and Child Support Paid for student and/or spouse

V5 Dependent Verification Worksheet – Aggregate Verification requiring confirmation of all information included in V1 – V4 for student and/or parent(s)

V5 Independent Verification Worksheet – Aggregate Verification requiring confirmation of all information included in V1 – V4 for student and/or spouse

Waiting for ISIR corrections – This line item requires no action by the student.  Once a student has submitted all documents necessary for verification, this line item is listed as “Not Received” to indicate that STI is waiting to receive the corrected version of your FAFSA from the Department of Education.  Once all documents are submitted, the final corrected version of the FAFSA will typically be received by STI within 3-7 days.  It can take longer, depending on the time of year. 

Ward of Court documentation – This line item is used to indicate that STI must receive the necessary documentation which shows that the student qualifies as independent status for purposes of receiving federal student aid.  The specific documentation needed for each qualifying status is outlined on the Validation of Independency Form.

You are on Financial Aid Suspension – Federal guidelines require that a student meet Satisfactory Academic Progress in order to maintain eligibility for federal student aid for future semesters.  Satisfactory Academic Progress standards require that a student achieve a minimum GPA of 2.0 during each academic session (semester or summer session) AND successfully complete a minimum of 67% of the credit hours attempted during each academic session.  Failure to meet one (or both) of these minimum standards during a given academic session results in the student being placed on Financial Aid Warning.  Failure to meet one (or both) of these minimum standards during a given academic session while already on Financial Aid Warning results in the student being placed on Financial Aid Suspension.  While on Financial Aid Suspension a student is not eligible for further federal student aid at STI. 

You are on the Wait List for Admissions – To be eligible for federal student aid at Southeast Tech, a student must be officially accepted into a program.  Work with your Admissions Counselor to determine your chances of being accepted into the program of your choice.  If notified that you have been accepted, be sure to contact the Financial Aid Office to inform us of the change.