2014 IRS Form 1098-T Information

Information on Electronic 1098-T’s and FAQ’s:

Important to understand:

  • Spring 2015semester tuition and fee charges posted to the student account in calendar year 2014 will be reflected on the 2014 1098-T (billed in November 2014).
  • Spring 2015 scholarships and grants may be reflected on next year’s 1098-T if the amounts posted to the student account in January 2015.
  • Students pre-registering in November 2013 for the spring 2014 semester had their tuition and fees included on their 2013 tax statement - this often applies to students graduating in May 2014.

Need help reading your 1098-T: (click ‘Need Help?’ on right)

The 1098-Tform contains important tax information that is being furnished to the IRS. Students may view the detailed information provided on their 1098-T via SeaNet. Within SeaNet, select tabs: “Student Services & Financial Aid”, “Student Records”, and “Tax Notification.”

The 1098-T for 2014 shows qualified tuition and fees billed, NOT PAID, during the calendar year as well as scholarships or grants aid applied to your account during the calendaryear. Adjustments made during 2014for 2013 qualified tuition and fees, scholarships or grant aid are shown separately (Boxes 4 and 6).

The Form 1098-T provides part of the information you need to claim tax benefits provided by the American Opportunityand Lifetime Learning credits, as well as other applicable educational tax benefits. The exact amount of educational tax benefit depends on the taxpayer’s eligibility, income, and the amount of qualified tuition and fees PAID, and the amount of scholarships and grant aid subtracted from tuition.

Amounts PAID can be found by both students and authorized users on E-bill:

We recommend you contact your tax professional for further information regarding your specific tax situation, or review Publication 970, Tax Benefits for Education, which can be downloaded at An eligible taxpayer must file a tax return and owe taxes to claim the credit. The taxpayer must also claim the eligible student as a dependent unless the credit is for the taxpayer or the taxpayer's spouse (This means the eligible taxpayer may also be the eligible student).
To apply for the credit, the taxpayer must report the amount of tuition and fees paid as well as the amount of certain scholarships, grants, and untaxed income used to pay the tuition and fees. The Form 1098-T is used along with the taxpayers own records of tuition and fee amounts paid to complete IRS Form 8863 to claim the tax credit.You may wish to talk to a tax advisor for help in calculating the amount of your credit.

This information is provided as required by the IRS and does not represent tax advice from the University. The taxpayer should refer to relevant IRS forms and publications or their tax advisor for explanations relating to the eligibility requirements for, and calculation of any allowable education tax credit, and should not seek advice from the University.
Questions may be directed to the University by e-mail at: or by phone at (910)962-4281.