Student TAx Information
1098-T
Summary
Learn what the 1098-T form is, what information it includes, and how to access your copy.
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1098-T
Overview
What Is A 1098-T Form?
The 1098-T is a US Internal Revenue Service (IRS) tax form that reports qualified tuition and related expenses. Some students or their parents may be eligible for tax benefits based on this information.
bte365官网地址 issues 1098-T forms annually, submitting them to the IRS and providing copies to students—both by mail and electronically.
For more details, visit the IRS 1098-T page.
This information is for reference only and should not be considered tax advice.
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- Email – [email protected]
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How Do I Access My 1098-T?
To access your 1098-T, log in to OASIS under “My Finance” or email [email protected].
Note: If your residence is outside the U.S. or Canada, your 1098-T will not appear in OASIS, so you will need to request a copy.
What’s On The 1098-T?
The 1098-T includes several sections that outline tuition payments, scholarships, and adjustments.
Here’s what each box means:
Box 1 Payments Received |
Reports total payments for qualified tuition and related expenses, including:
Payments include those made by the student, family members, financial aid (scholarships and discounts), and third parties (e.g., churches or businesses). Room and board are not included. Note: OASIS includes payments for prior-year expenses in Box 1. |
Boxes 2-3 | Not currently used. |
Box 4 Adjustments for a Prior Year |
Includes any changes to previously reported tuition payments |
Box 5 Scholarships and Grants |
Reports all scholarships, grants, and discounts that apply to cost of attendance, including:
Since cost of attendance includes room and board, Box 5 may be higher than Box 1. |
Box 6 Prior Year Scholarship/Grant Adjustments |
Reports any changes to previously reported scholarships or grants. |
Box 7 Prepaid Tuition Indicator |
Checked if a payment made in one year applies to tuition for the next calendar year. |
Box 8 Enrollment Status |
Indicates whether the student was enrolled at least half-time (6+ undergraduate credits). |
Box 9 Graduate Student Indicator |
Checked for students enrolled in a graduate-level program (master’s degree or certificate). |
Box 10 Insurance Payments |
Not applicable to bte365官网地址. |
What If My 1098-T Has An Error?
bte365官网地址 strives for accuracy, but if you notice a discrepancy, follow these steps:
- Review your account in OASIS under “My Finance” to check your payments and financial aid.
- Compare your form with the details provided above (Box 1 and Box 5 explanations).
- If you believe Box 1 is incorrect, email [email protected] with details and dates of payments in question.
- If you believe Box 5 is incorrect, email [email protected] with details of the aid or payment in question.
Providing specific dates and details will help us assist you more efficiently.