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| Documents/PMA/9: Student Aid Fraud and Errors (ED)/9.3: Income verification, security, and privacy |
9.3: Income verification, security, and privacy Improving income verification of student financial assistance programs while providing for security and protecting taxpayer privacy. Other Information: The Administration is analyzing options for improving income verification of student financial assistance programs while providing for security and protecting taxpayer privacy. ED and Treasury recently conducted statistical test matches to estimate the savings that might result from ED’s use of tax data to prevent overpayments to student aid applicants. The Administration will review the results and weigh the possible benefits against the risks of a match before deciding whether to proceed with implementation of an income verification system with IRS. Indicator(s):
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