[Code of Federal Regulations]

[Title 34, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR668.56]



[Page 465-466]

 

                           TITLE 34--EDUCATION

 

 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION

 

PART 668_STUDENT ASSISTANCE GENERAL PROVISIONS--Table of Contents

 

      Subpart E_Verification of Student Aid Application Information

 

Sec. 668.56  Items to be verified.



    (a) Except as provided in paragraphs (b), (c), (d), and (e) of this 

section, an institution shall require an applicant selected for 

verification under Sec. 668.54(a)(2) or (3) to submit acceptable 

documentation described in Sec. 668.57 that will verify or update the 

following information used to determine the applicant's EFC:

    (1) Adjusted gross income (AGI) for the base year if base year data 

was used in determining eligibility, or income earned from work, for a 

non-tax filer.

    (2) U.S. income tax paid for the base year if base year data was 

used in determining eligibility.

    (3)(i) For an applicant who is a dependent student, the aggregate 

number of family members in the household or households of the 

applicant's parents if--

    (A) The applicant's parent is single, divorced, separated or widowed 

and the aggregate number of family members is greater than two; or

    (B) The applicant's parents are married to each other and not 

separated and the aggregate number of family members is greater than 

three.

    (ii) For an applicant who is an independent student, the number of 

family members in the household of the applicant if--

    (A) The applicant is single, divorced, separated, or widowed and the 

number of family members is greater than one; or

    (B) The applicant is married and not separated and the number of 

family members is greater than two.

    (4) The number of family members in the household who are enrolled 

as at least half-time students in postsecondary educational institutions 

if that number is greater than one.

    (5) The following untaxed income and benefits for the base year if 

base year data was used in determining eligibility--

    (i) Social Security benefits if the institution has reason to 

believe that those benefits were received and were not reported or were 

incorrectly reported;

    (ii) Child support if the institution has reason to believe that 

child support was received;

    (iii) U.S. income tax deduction for a payment made to an individual 

retirement account (IRA) or Keogh account;

    (iv) Interest on tax-free bond;

    (v) Foreign income excluded from U.S. income taxation if the 

institution has reason to believe that foreign income was received;

    (vi) The earned income credit taken on the applicant's tax return; 

and

    (vii) All other untaxed income subject to U.S. income tax reporting 

requirements in the base year which is included on the tax return form, 

excluding information contained on schedules appended to such forms.

    (b) If an applicant selected for verification submits an SAR or 

output document to the institution or the institution receives the 

applicant's ISIR, within 90 days of the date the applicant signed his or 

her application, or if an applicant is selected for verification under 

Sec. 668.54(a)(2), the institution need not require the applicant to 

verify--

    (1) The number of family members in the household; or

    (2) The number of family members in the household, who are enrolled 

as at least half-time students in postsecondary educational 

institutions.

    (c) If the number of family members in the household or the amount 

of child support reported by an applicant selected for verification is 

the same as that verified by the institution in the previous award year, 

the institution need not require the applicant to verify that 

information.

    (d) If the family members who are enrolled as at least half-time 

students in postsecondary educational institutions are enrolled at the 

same institution as the applicant, and the institution



[[Page 466]]



verifies their enrollment status from its own records, the institution 

need not require the applicant to verify that information.

    (e) If the applicant or the applicant's spouse or, in the case of a 

dependent student, the applicant's parents receive untaxed income or 

benefits from a Federal, State, or local government agency determining 

their eligibility for that income or those benefits by means of a 

financial needs test, the institution need not require the untaxed 

income and benefits to be verified.



(Approved by the Office of Management and Budget under Control Number 

1840-0570)



(Authority: 20 U.S.C. 1094, 1095)



[56 FR 61337, Dec. 2, 1991, as amended at 57 FR 39089, Aug. 27, 1992; 59 

FR 22067, Apr. 28, 1994; 59 FR 61206, Nov. 29, 1994]