Financial Aid Verification

Each year, the FAFSA Central Processing System selects approximately one-third of all FAFSA applications to be verified. This is how the US Department of Education assures accuracy when administrating financial aid.

You may have received notification that you have been chosen for verification on your Student Aid Report (SAR).

The college will ask you to provide documentation to confirm the information on your FAFSA. This includes a verification worksheet, tax documents, and it may include a copy of your tax return transcript. If you are a dependent student, MCA will ask for a copy of your parents’ tax return transcript.

Transcripts provide taxpayers with a computer-created record of their tax return which includes most of the line-items filed with the IRS, including any accompanying forms and schedules. The return transcript does not reflect any changes the taxpayer, his/her representative, or the IRS made after the return was filed.

The IRS allows you to place orders online for tax return transcripts.

If you have questions about verification, contact the Financial Aid Office.

IRS Information

Request an IRS Tax Return Transcript

You must submit an official IRS TAX RETURN TRANSCRIPT, (not an Account Transcript.) There are three ways to do this:

1) Request one electronically on the IRS website at

  • In the Tools section of the homepage, click “Get a Tax Transcript.” You can choose to get the transcript online or have it mailed to you.
  • After you select your method of delivery, then choose “Return Transcript.”

2) Call the IRS at 1-800-908-9946 and follow the prompts to request a Tax Return Transcript.

3) File Form 4506T-EZ

If you filed an Amended Return:

  • Submit the IRS Tax Return Transcript (using one of the methods listed above), AND
  • Submit a signed copy of Form 1040X showing the changes that were made to your tax return.

REMEMBER: Include your student ID number on your tax return transcript before you submit it.

NOTE: If you are applying for aid at other schools, please make a copy of your tax transcript for your records before you submit to us. We will not keep paper copies of any documents, and the IRS will currently only accommodate one request.

Frequently Asked Questions

Where do I send my documentation?

You may mail or hand deliver the completed documentation to the Financial Aid Office.

Memphis College of Art
Attn: Financial Aid Office
1930 Poplar Avenue
Memphis, TN 38104

When sending your documentation, please remember the following:

  • Clearly identify that your information is being sent in reference to your verification.
  • Send all documents at the same time.
  • Remember to make photocopies for your records.
  • Print your name and student ID number on each page of the documents that you submit.

What is the deadline for documentation?

Each recipient who is selected must verify the accuracy of selected data elements reported on the FAFSA. You and/or your parent(s) must complete and sign the forms and submit all required documentation. Failure to submit all requested documentation will prevent awarding of your financial aid.

Do I have a choice about participating?

You do not have a choice. Your participation is mandatory. Your signature on the FAFSA signifies your agreement to provide proof of your application information. You will not be eligible for federal, state, or some institutional funds until the verification process is complete.

Memphis College of Art does not discriminate on the basis of race, color, national origin, sex, disability, religion, age, veteran status, gender identity or expression, sexual orientation, or other status protected by law. Additional Information