Verification Guide At a Glance

Regulatory Citation Regulatory Topic

668.51 General
668.52 Definitions
668.53 Policies and Procedures

668.53 (a)(1) Time period an institution allows for submission of

required documentation.

668.53(a)(2) Consequences of failure to meet deadline for submission

of documentation.

668.53(a)(3) Method institution uses to notify applicant of verification

results.
668.53(a)(4)
Procedures institution requires to make corrections.
668.53(b)(1)
Clear explanation of required documentation.
668.53(b)(2)
Applicant’s responsibilities (deadlines, etc.)
668.54 Selection of applications for verification.

668.54(a) Identification and processing of selected applicants.

668.54(a)(5) Discretionary verification of non-required items.

668.54 (a)(2) Percentage to be verified.

668.54(b) Exclusions from verification.

668.54(b)(2)(viii) Transfer students and re-verifying

668.55 Updating Information

668.55(a)(3) & Dependency status

668.55(d)

668.55(b) Household Size & number in college for selected

applicants.
668.55 (2)
Adjustments to avoid overaward.

668.56 Items to be verified.

668.56 Items to be verified.

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Verification Guide At a Glance

668.56(b),(c),(d),(e Discretionary verification of non-required items.

)
668.57 Acceptable Documentation

668.57(a) AGI, Income earned from work, U.S. Taxes paid

668.57(b) Number in Household

668.57(c) Number in College

668.57(d) Untaxed Income

668.58 Interim Disbursements

668.58 Interim Disbursements

668.58(c) Returning Stafford/Direct Loan proceeds to

lender if verification not complete in 45 days.

668.59 Consequences of a change in application

Information.
668.59(a)
Federal Pell Grant
668.59(2)
Tolerances
668.59(c)
Campus-based and FFEL/Direct Loan Programs.
668.59(e)
Referral to ED if discrepancies can’t be resolved.

668.60 Deadlines for submitting the documentation and the

consequences of failing to provide documentation.

668.60 Deadlines for submitting the documentation and the

consequences of failing to provide documentation.

668.60(b)(2) Applicant submits documentation after deadline.

668.61 Recovery of overpayments

668.61 Recovery of overpayments

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