Under the provisions of the Taxpayer Relief Act of 1997, the University is required to report to students and the Internal Revenue Service certain information concerning student status on a tax form referred to as Form 1098-T Tuition Payments Statement.

A copy of the Form 1098-T will be mailed to the permanent home address of all students on January 31, 2008. In addition, the university provided students a 2008 Statement of Account to facilitate the preparation of 2008 federal tax returns. (view sample)

If a student's qualified tuition and related expenses are paid entirely through scholarship and/or grant aid or waived, the University is not required to file a 1098T form with the IRS. Instead the University produced a Tuition Summary Calendar Year 2007 form (see sample) for students.

The laws and regulations governing tax benefits for education are complex. Accordingly, you may wish to consult with a professional tax advisor in order to determine your eligibility and maximize your tax benefit. You may also refer to the IRS Publication 970, Tax Benefits for Education

Tuition and Fees Deduction Hope Scholarship Tax Credit Lifetime Learning Tax Credit Income Limitations

Qualified Tuition & Related Expenses Eligible Payments Additional Sources of Info Facts at a Glance