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Office Of The Bursar

Education Tax Credits

Important notice: Effective January 1, 2018, tax law requires all educational institutions to report payments received for qualified tuition and related expenses (QTRE) in Box 1 of the Form 1098-T. Scholarships & Grants awarded during the 2018 calendar year will continue to be shown in Box 5.

Families filing a U.S. tax return may be eligible for educational tax credits when claiming their student as a dependent.

In accordance with IRS regulations, 1098T forms will be issued no later than January 31st.


1098-T Frequently Asked Questions

  • What has changed?
    • In 2017 and prior, the University of Rochester reported qualified CHARGES in Box 2.
    • Effective January 1, 2018 the Internal Revenue Service (IRS) is requiring universities to begin reporting what students paid towards qualified educational expenses in Box 1 of the 1098-T.
    • Please Note: Payments made towards qualified tuition & related expenses for any semester/quarter between January 1 and December 31, 2018 will appear on Form 1098-T for 2018.
      • Payments made towards Spring 2019 qualified tuition & related expenses which were billed in November 2018 will be reported in Box 1 of the 2019 Form 1098-T.
    • While the transition can be a bit confusing, nothing has been lost or misreported during the transition from reporting in Box 2 in 2017, to reporting payments in Box 1 in 2018.
  • Does every student get a Form 1098-T?
    • The University of Rochester must file a Form 1098-T for each student enrolled for the given calendar year and for whom a reportable transaction is made. However, the IRS does not require the University to provide a Form 1098-T for:
      • Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program
      • Nonresident alien students
      • Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships and/or grants
      • Students whose expenses are covered by a formal 3rd party billing arrangement.
  • What fees are qualifying for tax purposes?
    • For purposes of the tuition and fees deduction, qualified education expenses are tuition and certain related expenses required for enrollment or attendance at an eligible educational institution. The housing, meal plan, orientation, mandatory health and other miscellaneous fees are generally not qualifying expenses for tax purposes. Please reference IRS Publication 970 Tax Benefits for Education for additional guidance (link to IRS Publication & Forms database provided below). The University of Rochester cannot legally provide tax advice. Please consult with a qualified tax preparer or the IRS if you have tax-related questions.
  • What amounts are reported on Form 1098-T?
    • Box 1 represents amounts paid for qualifying tuition and related expenses.
    • Box 2 is not reported by the University beginning 2018.
    • Box 4 represents reductions made to amounts billed for qualified tuition and related expenses that were reported for a prior calendar year.
    • Box 5 represents the total amount of scholarships, grants or 3rd Party Sponsor Credits that were processed for the payment of qualified tuition and related expenses.
    • Box 6 represents the amount of reductions or refunds made for scholarships or grants that were reported for a prior year.
    • Box 8 is only checked if you have been at least a half-time student (6 credit hours) for a least one academic period that began during the calendar year.
    • Box 9 is checked if you were enrolled as a graduate student for at least one academic period during the calendar year for which reporting is required.
  • What am I supposed to do with the 1098-T form?
    • Keep it for your personal records and share it with your tax preparer; the University sends your 1098-T information to the IRS before the filing deadline. The information contained in the 1098-T will help you to determine if you may claim various tax credits and/or deductions for qualified educational expenses. Please be aware that the 1098-T captures financial information on a calendar year basis (January 1–December 31).
  • Which expenses qualify for the American Opportunity, or Lifetime Learning Credits?
  • Who can claim an Education Credit?
    • You may be able to claim an education credit if you, your spouse, or a dependent you claim on your tax return was a student enrolled at or attending an eligible educational institution. If a student is claimed as a dependent on another’s tax return, only the person who claims the student as a dependent can claim a credit for the student’s qualified education expenses. If a student is not claimed as a dependent on another person’s tax return, only the student can claim the credit. If you claim an exemption on your tax return for an eligible student who is your dependent, treat any expenses paid (or deemed paid) by your dependent as if you had paid them. See additional restrictions for claiming the credit in the instructions to Form 8863 at https://www.irs.gov/pub/irs-pdf/i8863.pdf.
  • Additional resources

The University of Rochester must receive your correct identifying number to file a Form 1098-T, tuition statement, with the IRS and to furnish a statement to you. This will be your Social Security Number (SSN) or, if you are not eligible to obtain an SSN, your individual taxpayer identification number (ITIN).

If you need to update or provide the University with your SSN or ITIN please complete the form below and return it to the Bursar’s Office no later than December 31st. Do not scan or email this document as it contains personally identifiable information.

Page updated 1/31/19 - Maintained by the University Bursar's Office.
Questions or comments regarding this page? Contact the Bursar's Office.