FINANCIAL AID

The IRS Data Retrieval Tool (IRS DRT) is available by the U.S. Department of Education which allows the student/parent to transfer their 2018 income tax return information onto the 2020-21 FAFSA application. Students are STRONGLY encouraged to utilize the IRS DRT! NOTE: you must allow 2-3 weeks after you/parent electronically file your tax return before you will be able to download tax return information onto the FAFSA; if filing a paper tax return, you must allow 8-11 weeks before you will be able to download tax return information onto the FAFSA.

Students NOT using the IRS DRT will most likely be selected for verification and, if selected, students/parents MUST submit an IRS Tax RETURN TRANSCRIPT to the MSU Financial Aid Office -- copies of signed tax returns will no longer be accepted (unless a foreign tax return has been filed or identity theft has occurred). Also, if selected, we may require additional documentation such as an untaxed income, proof of graduation, and verification of identity.

For taxpayers who filed an AMENDED IRS Income Tax Return, please provide both of the following: An IRS Tax Return Transcript (which does not have to be signed), or acceptable IRS alternative, such as a Record of Account Transcript, a Return Transcript for Taxpayer (RTFTP), or an Information Returns Processing Transcript Request—Wages (IRPTR-W); and a signed copy of the IRS Form 1040X that was filed with the IRS. If a student/parent reports income-earned-from-work but did NOT file a tax return, student/parent must submit W2s to the NPC Financial Aid Office to document the income earned from work.