In order to maintain institutional eligibility for federal student aid programs, the Stanford Financial Aid Office must complete an analysis of data reported on the Free Application for Federal Student Aid (FAFSA) by a random sample of our students who have been offered need-based federal student aid funds. Students (and their parents, if applicable) in the sample group must verify income and household composition originally reported on the FAFSA. The results of this Quality Assurance review process may influence our procedures and policies for future academic years.
We have randomly selected 350 students with federal financial aid eligibility to participate in this program. Participation is mandatory for these 350 students. Please be aware that if you do not complete the requirements in a timely manner, you will lose eligibility for future financial aid disbursements, and a hold will be placed on your Stanford registration.
The parent you lived with more during the past 12 months, and the current spouse of that parent (if any), should complete the requirements. If you did not live with one parent more than the other, the parent who provided more financial support during the past twelve months, or during the last year when you actually received financial support from a parent, and the current spouse of that parent (if any), should complete the requirements. This should be the same parent(s) who completed the parent sections of the 2013-2014 Free Application for Federal Student Aid (FAFSA).
There are three ways to obtain a free IRS Tax Return Transcript:
If you use IRS Form 4506T-EZ to request the tax transcript by mail, you can enter the Financial Aid Office's name and address in the recipient section on line 5 of the form. However, we recommend that you instruct the IRS to send the form to you first, so that you can clearly indicate the student's name and Stanford ID number at the top of the transcript before submitting it to the Financial Aid Office.
If you submit your tax return transcript request to the IRS online or by phone, the IRS cannot send the transcript to a third party. Once you receive the transcript, you should indicate the student's name and Stanford ID number at the top before submitting it to the Financial Aid Office.
Please send an email message to the Quality Assurance Coordinator at FinancialAidQA@stanford.edu with an explanation of your situation.
On the Quality Assurance 2013-2014 form, mark an X on the line that says "Did not file a federal tax return for 2012." Please note that even if you did not file a tax return, you are still required to submit copies of any W-2 earnings forms that you received for 2012.
If you filed a Puerto Rican tax return or a foreign tax return, please submit a signed copy of the tax return to the Financial Aid Office, preferably with U.S. dollar equivalents indicated.
Yes. Unfortunately, for purposes of the Quality Assurance program, a copy of the tax return itself is not sufficient. This is due to a recent change in federal regulations for student aid programs.
No. We will use the copies that you have already submitted.
Your remaining requirements for the Quality Assurance process will appear as To-Do items on the Student Center tab in AXESS.
All required documents must be submitted to the Financial Aid Office by October 15, 2013. If you need to request an extension, please send an email to FinancialAidQA@stanford.edu.
You can send an email to FinancialAidQA@stanford.edu or call Jeff Shelby, Quality Assurance Coordinator, at (650) 725-0251.
Last update: October 26, 2013 2:36 PM