Verification

VerificationReleased in April 2015 for the 2015-16 program year.   

This self-study guide provides an overview of verification principles and guides the learner through the verification process. Quick quizzes, learning activities, and reflection questions help reinforce content and help individuals understand verification requirements. Completion of this self-study guide qualifies individuals to take the NASFAA University credential exam on verification.

Available as a PDF only.

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Learning Objectives

Lesson 1: Introduction to Verification 

  • Understand the principles of verification; 
  • Know when verification is required and for which Title IV programs;
  • Know what data elements must be verified;
  • Identify verification tracking groups; and
  • Understand verification documentation requirements for each data element.
     

Lesson 2: Changing Applicant Data 

  • When corrections must be reprocessed via the Central Processing System;  
  • What an update is and when it can be made; and
  • Professional judgment and the authority to utilize it.
     

Lesson 3: Interim Disbursements, Time Frames, and Policies and Procedures 

  • A school's options for making interim disbursements;  
  • The time frames associated with verification; and 
  • The policies and procedures a school should have in place regarding verification.
     

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