Check out the most recent Financial Aid Newsletter!
2013-2014 Status of Monetary Award Announcements in Suspension Status
Colleges were notified to suspend announcements of the MAP awards to students whose initial FREE Application of Federal Student Aid or FAFSA receipt date was on or after March 2, 2013. The Illinois Student Assistance Commission (ISAC) is unable to send out notifications to all eligible students submitting their FAFSA after March 2. NEIU students who are in 'suspense status' will have an green flag indicator on their NEIUport account under Financial Aid Requirements. 2013-2014 Changes to the Verification Process
What is verification?
The verification process can be confusing and we want to make it as easy as possible.
Verification is a process to ensure accuracy of the information you provided on the Free Application for Federal Student Aid or FAFSA and to ensure that the financial aid office is awarding assistance to eligible students.
Verification selection can be random or may occur because your FAFSA data was incomplete, estimated or inconsistent. The U.S. Department of Education selects some students for the verification process. The Financial Aid Office will also select a FAFSA for verification if it contains conflicting information.
What is different from prior years?
- Financial Aid Offices are no longer able to accept paper tax returns unless they come in the form of Tax Transcripts from the Internal Revenue Service. To avoid having to contact the IRS for Transcript documents, students can simply use the IRS Data Retrieval option through the FAFSA on the Web application (www.fafsa.gov).
- Students selected for verification will be assigned to a verification group by the federal processor. Depending on which verification tracking group a student is assigned will determine what verification documents need to be submitted. What is being requested from one student will not necessarily be the same requirements for another student.
How do you provide a Student Opinion on Federal Student Aid?
The NEIU Financial Aid office urges students to take action!
1. Contact your Representative and Senators to explain the importance of the student aid programs and how even small cuts have a large, negative impact.
2. Join the Facebook "Save Student Aid" campaign. Stories shared through the Facebook campaign lead to media stories that have had a very positive impact on the student aid debate.
Follow the latest legislative developments by following and saying "Like" to the Save Student Aid Facebook page.