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Tax transcripts are free and must be requested from the Internal Revenue Service (IRS). This request can take 10-12 days for you to receive. You may also be asked for other documents to complete the financial aid process. Once the verification process is complete, your financial aid awards may be adjusted.
If you're receiving financial aid grants or loans, you must begin attendance in classes. Don't drop or stop attending any class without consulting the Financial Aid Office. Changes in your enrollment level and failing grades may require you to repay federal financial aid funds.Federal regulations require you to repay a portion of financial aid funds if you withdraw from all classes before satisfying the 60 percent completion rule for the enrollment term.(See the current 60 percent dates for the financial aid award year.).You also may be required to repay financial aid funds if you receive failing grades in all of your classes, unless an instructor can document that you attended class for at least 60 percent of the enrollment period.ederal regulations require you to repay a portion of financial aid funds if you withdraw from all classes before satisfying the 60 percent completion rule for the enrollment term.