Who will be issued a 1098-T for the last calendar year?
You will get a 1098-T if you:
- Made payments for your credit courses or took out a federal loan to pay for credit courses during the last calendar year.
- Made payments for your credit courses during the last calendar year that your non-loan financial aid did not cover.
Who will not be issued a 1098-T?
You will not get a 1098-T if:
- We do not have a valid Social Security number on file for you.
- Financial aid paid for your credit courses in full during the last calendar year.
- A waiver paid for your credit courses in full during the last calendar year.
- You made payments in the last calendar year for only non-credit courses or audited credit courses.
- Even if you are not automatically issued a 1098-T form, you may request one.
If I used a Pay Plan, will the fees I paid show up on my 1098-T?
- No. The Tuition Installment Pay Plan setup fee and late fee amounts are not eligible expenses for the tax credit.
If I paid for continuing education classes, will I get a 1098-T?
- If you took both credit and continuing education classes during the same semester during the last calendar year, and your financial aid did not exceed the amount of credit tuition you paid during that period, you will receive a 1098-T.
- If you only attended continuing education classes, you will not receive a 1098-T.
Which 1098-T form should I use to file my taxes?
- The 1098-T form printed from ECSI’s website is equivalent to the 1098-T form mailed to you. Either one can be used for the purpose of preparing your tax return.