2015-16 Academic Year
As part of the financial aid application and verification process, colleges and universities are required to collect your federal tax return information. In an effort to streamline the collection and processing of your tax return documents, Loyola participates in the College Board's Institutional Documentation Service (IDOC). Please note that this process is separate from the federal verification process. The IDOC process works as follows:
- Upon receipt of your completed 2015-16 PROFILE Application, the College Board will send you a communication (via the email address provided by the student/parent on the PROFILE Application) which outlines the procedure for submitting your and your parents' 2014 Federal Tax Returns to their processing center.
- The communication will include a link (https://idoc.collegeboard.org) which provides instructions to electronically upload your tax return documents. Upload signed copies of your entire 2014 Federal Tax Return Form 1040, 1040A, 1040EZ and your parents' entire 2014 Federal Tax Return Form 1040, 1040A or 1040EZ. Include all pages, all schedules, and all W-2s.
Do not upload prior year (2013) federal tax returns.
Do not upload state tax returns.
Upload all tax return documents at one time; do not upload portions of tax returns multiple times.
If you or your parents file an Income Tax Return in a country other than the United States, you must submit a translated copy of your foreign tax return with reported income information converted into U.S. dollars.
For entering freshman class applicants, the deadline for submitting your tax returns to the College Board is March 5, 2015.
- After the College Board receives your tax return information, the documents will be scanned and the resulting images will be made available to Loyola's Financial Aid Office at a secured website that is accessible only by our financial aid staff. You will be able to check the College Board's website at https://idoc.collegeboard.org to verify that your tax return information has been processed and forwarded to Loyola. Please be assured that your tax return data and images will be stored in a secure environment.
If you have questions about the Institutional Documentation Service, please call 1-305-829-9793 or e-mail your inquiry to email@example.com. To check on the processing status of your family's documents, go to https://idoc.collegeboard.org and click on the "IDOC" button. Your specific information will be posted within three business days after your documents are received for processing.
This procedure allows us to process your tax return information more quickly and more efficiently. We sincerely appreciate your cooperation in complying with this innovative documentation collection process. If you have any questions concerning this procedure, please contact us at 410-617-2576, 1-800-221-9107 or fax 410-617-5149.