2012-2013 Verification & Tax Extensions
A federal tax extension form (IRS Form 4868) will be accepted in place of an IRS Tax Return Transcript per the conditions specified below.
A federal tax extension form (IRS Form 4868) must accompany copies of all 2011 W-2 forms for each wage earner and/or signed self-employment earnings statements (with an estimated Adjusted Gross Income (AGI)). These documents must be received no later than June 1, 2012, to hold any non-federal financial aid the student may qualify for in their current award.
Please note the following stipulations regarding specific programs:
Institutional and State of Iowa Aid
Need-based aid (such as the ISU Grant or Iowa Grant) will not be disbursed until an IRS Tax Return Transcript is provided and the verification process is complete. The verification process may change eligibility for institutional or State of Iowa aid.
All need-based institutional or State of Iowa aid will be canceled if an IRS Tax Return Transcript is not received by November 15, 2012.
The Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), TEACH Grant, Federal Work-Study, or Federal Direct Loans - will be released upon the receipt of a federal tax extension form (IRS form 4868) and appropriate W-2 or self-employment AGI earnings statements as indicated above.