1098-T Tax Information
1098-T forms for the 2012 calendar year were issued and mailed out on Friday, January 25, 2013. Please allow up to two weeks to receive your 1098-T form in the mail. After February 10, 2013 if you have still not received your 1098-T form, please come to either Bursar's Office location with a photo ID and we can reprint the form. Or, please fill out the Receipt Request form and submit to our office by mail, fax or send to the bursar email at firstname.lastname@example.org.
Please note: Only students who have a social security number on file with the university and have paid tuition and fees and/or certain financial aid activity during the 2012 calendar year will receive a 1098-T form. If you have a tax filer ID number and not a social security number on file, you will have to request a manual 1098-T form. Please fill out a Receipt Request form and attach a copy of a document that shows proof of your tax filer ID number and submit to our office. Please allow additional time for processing a manual 1098-T form.
Tax Relief Act of 1997
We strongly encourage students to seek professional advice regarding eligibility for this tax credit.
Hope Scholarship Tax Credit
Taxpayers may be eligible to claim a non-refundable Hope Scholarship credit against their Federal Income Tax. The Hope Scholarship may be claimed by taxpayers who pay registration/tuition and other fees for attending college on a half-time basis or more. This credit is designed to offset tuition costs incurred during the first two years of college. This credit is available for tuition and required fees paid. The credit may be reduced by financial aid awards including Pell grants, SEOG and institutional waivers, grants, scholarships, and other forms of tax-free educational assistance. The maximum credit is $1500.00 per student. For more information please contact the Internal Revenue Service.
The Lifetime Learning Credit
The Lifetime Learning Credit may be claimed by taxpayers who pay registration/tuition and other fees incurred for attending specified colleges. The Lifetime Learning Credit is applicable to students pursuing post-secondary education to develop or improve job skills. A family may claim up to 20% of qualified expenses or no more than $5,000. Unlike the Hope Scholarship credit, which is based on an individual's enrollment status, the Lifetime Learning Tax Credit is family based. The credit amount may be reduced by financial aid awards including Pell grants and SEOG and institutional waivers, grants, scholarships, and other forms of tax-free educational assistance. See the IRS publication 970 for phase-out rules. For more information please contact the Internal Revenue Service.
An extensive IRS question and answer publication is available on the World Wide Web at: