Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

Verifying Total Income

AwardYear: 1996-1997
ChapterNumber: 4
ChapterTitle: Discretionary Verification
Section: Verifying Total Income

If the applicant's reported AGI (or income earned from work) is so
low that you doubt the family could have lived on that amount, you
may wish to verify total income, although required verification does
include some of the components of total income. Total income is the
sum of AGI (or income earned from work), Social Security Benefits,
AFDC, and other untaxed income. (See Worksheet #2 in the FAFSA
instructions for a list of other income that must be reported.)

A Tip for Verifying Total Income--Often, when a student is asked
to explain how bills are paid, unreported sources of income are
discovered. Ask how much monthly housing and utility bills are
and from what income source they are paid. Also ask about food
costs, medical bills, and car payments.

Last Modified: 06/09/1998