The Verification process ensures that information entered on an applicant's FAFSA is accurate.
Furthermore, it helps schools disburse federal funds in a fair and equitable manner to benefit all eligible students. The Department of Education selects a certain percentage of an institution's students for the verification process. SMU can also select students for verification if there is conflicting data between the FAFSA, CSS Profile, and/or tax data. Using the IRS Data Retrieval tool on an applicant's initial FAFSA submission significantly reduces an applicant's chance of being selected for verification, thus reducing the delay in awarding and disbursing financial aid to a student's account.