Financial Aid - 2007-2008 Verification Worksheet

2007-2008
Verification Worksheet (Dependent/Independent)
Federal Financial Aid Programs

Your application was selected for review in a process called "Verification." In this process, UMUC will be comparing information from your application with signed copies of your (and your spouses', if you are married), or your parents' current Federal tax forms or other financial documents. The law says we have the right to ask you for this information before awarding Federal aid. If there are differences between your application information and your financial documents, UMUC may send corrections electronically, to have your information reprocessed

Try to complete verification as soon as possible, so that your financial aid won't be delayed.

What you should do

Collect your (and your spouse's) or parents' signed income tax forms. Include student name and ID on all documents.
Talk to Student Financial Services if you have questions about completing this worksheet, (301) 985-7510.
Completely fill in and sign this worksheet.
Send the completed worksheet, tax forms, and any other requested documents to the address at the bottom of the form.
Under the financial aid program rules (CFR Title 34, Part 668) UMUC must compare these documents to the information from your Free Application for Federal Student Aid (FAFSA) before Federal Financial Aid can be awarded. Corrections will be made electronically.

Student Information

First name: MI: Last name:

Student ID number: Date of Birth: (mm/dd/yy)

Address (include apt. no):

City:

State: ZIP code:

Phone number:

Family Information

Write the names of all family members who meet the criteria stated below. Also write in the name of the college for any family member planning to attend college at least half-time between July 1, 2007 and June 30, 2008, and will be enrolled in a degree or certificate program. If you need more space, attach a separate page. Do not leave this section blank!

List below the people that you (and your spouse) or parents will support between July 1, 2007 and June 30, 2008.

Include, if independent (see definition below)

yourself
your spouse
your dependent children (if you provide more than half of their support)

Include, if dependent

yourself and your parents
your parents' dependent children

Include other people as part of your family only if:

they now live with you (or your parents), and you or your parents provide more than half of their support.

AND

they will continue to get more than half of their support from you or your parents July 1, 2006 through June 30, 2008.

A student is considered an independent student for federal aid purposes if any of the following are true:

born before January 1, 1984
a married individual
has children or dependents who live with the student and receive more than half their support from them
an orphan or ward of the court
a veteran of the U.S. Armed Forces
working on a master's or doctorate program during the 2007-2008 school year

Full Name	Age	Relationship	College
		Self	UMUC

For non-tax filers and tax filers (includes 2006 IRS Form 1040, 1040A, 1040EZ, TeleFile, or a foreign income tax return).

Federal Worksheets—Do not leave these sections blank.

Even though you may have few of these items, check carefully. This form will be returned to you for completion if left blank. If an item does not apply, put zero or N/A.

Student (and spouse)	Worksheet A Calendar Year 2006	Parent(s)
	Earned income credit from IRS Form 1040-line 66a; 1040A-line 40a; 1040EZ-line 8a; or Telefile-line L
	Additional child tax credit from IRS Form 1040-line 68 or 1040A-line 41
	Welfare benefits, including Temporary Assistance for Needy Families (TANF). Don't include food stamps or subsidized housing.
	Social Security benefits received, for all household members as reported in question 90 (or 66 for your parents), that were not taxed (such as SSI). Report benefits paid to parents in the Parents column, and benefits paid directly to student (or spouse) in the Student/Spouse column.
	Student (and Spouse) Total Parent(s) Total

Student (and spouse)	Worksheet B Calendar Year 2006	Parent(s)
	Payments to tax-deferred pension and savings plans (paid directly or withheld from earnings) including, but not limited to, amounts reported on the W-2 Form in Boxes 12A-12D, codes D, E, F, G, H, and S.
	IRA deductions and payments to self-employed SEP, SIMPLE, and Keogh and other qualified plans from IRS Form 1040, total of lines 28 + 32, or 1040A-line 17.
	Child support received for all children. Don't include foster care or adoption payments.
	Tax exempt interest income from IRS Form 1040-line 8b or 1040A-line 8b
	Foreign income exclusion from IRS Form 2555 line 45 or 2555EZ line 18
	Untaxed portions of IRA distributions from IRS Form 1040-(line 15a minus 15b) or 1040A-(line 11a minus 11b). Exclude rollovers. If negative, enter a zero here.
	Untaxed portions of pensions from IRS Form 1040-(line 16a minus 16b) or 1040A-(line 12a minus 12b). Exclude rollovers. If negative, enter a zero here.
	Credit for federal tax on special fuels from IRS Form 4136-line 20 - nonfarmers only
	Housing, food, and other living allowances paid to members of the military, clergy, and others (including cash payments and cash value of benefits).
	Veterans noneducation benefits, such as Disability, Death Pension or Dependency & Indemnity Compensation (DIC) and/or VA Educational Work-Study allowances
	Any other untaxed income or benefits not reported elsewhere on Worksheets A and B, such as worker's compensation, untaxed portions of railroad retirement benefits, Black Lung Benefits, disability, etc. Tax filers only: report combat pay not included in AGI (FAFSA questions 35 and 79). Don't include student aid, Workforce Investment Act educational benefits, or benefits from flexible spending arrangements, e.g., cafeteria plans.
	Money received, or paid on your behalf (e.g., bills), not reported elsewhere on this form.
	Student (and Spouse) Total Parent(s) Total

Student (and spouse)	Worksheet C Calendar Year 2006	Parent(s)
	Education credits (Hope and Lifetime Learning Tax Credits) from IRS Form 1040-line 50; or 1040A-line 31.
	Child support paid because of divorce or separation or as a result of a legal requirement. Don't include support for children in your (or your parents') household, as reported in question 90 (or question 66 for your parents).
	Taxable earnings from need-based employment programs, such as Federal Work-Study and need-based employment portions of fellowships and assistantships.
	Student grant and scholarship aid reported to the IRS in your (or your parents') adjusted gross income. Includes AmeriCorps benefits (awards, living allowances, and interest accrual payments), as well as grant or scholarship portions of fellowships and assistantships.
	Student (and Spouse) Total Parent(s) Total

By signing this worksheet, I (we) certify that all the information reported is complete and correct.

WARNING: If you purposely give false or misleading information on this worksheet, you may be fined, be sentenced to jail, or both.

If you are attaching a spouse's or parents signed tax returns, insure that the student's name and ID are on all the forms.

Student Signature

Parent Signature

Please fill out the form completely, print it, and mail or fax it to:
	University of Maryland University College 3501 University Boulevard East Adelphi, Maryland 20783 USA
	Undergraduate students—mark your envelope to the attention of Student Financial Services, Undergraduate Processing. Graduate students—mark your envelope to the attention of Student Financial Services, Graduate Processing Student Financial Services fax: (301)985-7462