Certain tax credits are available to people who are paying for higher education. Students in the first two years of post-secondary education who are taking at least one-half of the normal full-time work load for at least one academic period may be able to claim a Hope and Lifetime Learning Credit of up to $2,500. It is not based on the course workload, is allowed for one or more courses and is not limited to the first two years of post-secondary education.
More detailed information and instructions are available on IRS Notices 97-60 and 97-73, IRS Form 8863 (Education Credits) and Publication 970 (Tax Benefits for Higher Education). Additional information is available at www.irs.ustreas.gov and other sites.
The Office of the Bursar produces the 1098-T form for students in accordance with Internal Revenue Service (IRS) regulations.
Note: The university can only provide general information and should not be contacted for tax advice. You must consult a tax professional or the IRS directly.
Learn More About the 1098-T Form