Verification
Documentation
FAFSA
BANNER
Potpourri
100
T/F--Second majors selected for federal verification, still are required to turn in the Verification worksheet?
What is TRUE
100
If students are turning in documents, and an in office FA Rep is not available, what should you do with the docs?
What is photocopy it all and date stamp and put in FA box, OR—send give them to Melizza in FA
100
Name an asset that parents would NOT count on the FAFSA.
What is Family home, family farm if the family resides on it, the total value of a qualified retirement account, savings plans in someone other than the parent or student’s name
100
What is the Banner screen code for Tracking?
What is RRAAREQ
100
T/F--the Subsidized Federal Direct student loan is no longer being subsidized for the student, during the 6 month grace period.
What is TRUE
200
List all of the documentation students must provide to complete Federal Verification?
What is (Parent W2s, Student W2s, DVF, IVF & tax transcripts --OR---Use IRS-Retrieval and submit DVF/IVF and W2s)
200
What happens if student/family turns in unrequested documents?
What is--we mail them back using "Returning Unrequested Documents" form
200
T/F—assets in the parents name are weighed heavier in the Federal Methodology calculation than assets in the student’s name?
What is False—parents are at 6%, students at nearly 50%
200
What screen can counselors view to see Financial Aid notes?
What is RHACOMM
200
Other than tuition and fees and room and board, what other costs make up the Cost of Attendance at St. Kate's?
What is transportation, misc expenses and books
300
If a student's biological parents are divorced and then remarried, which parent(s) is reported on the Verification worksheet?
What is the custodial parent and their current spouse
300
Students with the ‘citizenship’ or ‘eligible non-citizenship’ tracking flag need to turn in what docs and how?
What is US Passport, Naturalization Cert, birth cert, Alien Registration Card; must bring in original for us to copy
300
Name 2 situations other than age 24 or married that would make a student Independent for FAFSA purposes.
What is Homeless, foster care after age 13, child they provide over 51% financial support to, parents are both deceased, veteran of the armed forces
300
Name three tracking statuses in RRAAREQ and what they mean.
What is P—pending, S—satisfied, E—Expected, I—Incomplete, W—Waived.
300
What happens to SCU grant if a student receives a SCU scholarship after the original awarding?
What is the SCU grant is reduced equivalently
400
What is the main documentation difference between Federal and Institutional Verification?
What is The Federal Verification worksheet is required only for those selected by the Central Federal Processor
400
What are the 3 steps that students must complete in order to receive their Federal Direct Stafford loans?
What is Loan Authorization, MPN, and Loan Entrance Counseling
400
What should an eligible student with undocumented parents input at the parent Social Security portion of the FAFSA?
What is Enter 0’s for SSN for both parents
400
Which Banner screen indicates when an award has printed?
What is RUAMAIL
400
New of 2012-13, how many semesters of full time eligibility does an eligible student have for Pell grant?
What is 12 semesters
500
T/F--A tax preparer can give the student/family a copy of their tax transcript
What is FALSE
500
At what income does a single person have to have in one year, in order to be required to file taxes?
$5800
500
Name a situation that would make a family ineligible to use IRS-Retrieval
What is didn’t file/e-file earlier enough in advance, married filing separately, filed head of household but married, filing Puerto Rican
500
What is the minimum documentation needed in tracking for a student to get a FA file label printed?
What is FAFSA & FAAP
500
What actor and actress have 2 films each, nominated for Best Picture for the 2012 Oscars?
Brad Pitt and Jessica Chastain