Colleges and universities use Form 1098-T to report information about tuition, fees, scholarships, and grants posted to a student’s account to the Internal Revenue Service (IRS) as required by the Taxpayer Relief Act of 1997. The reported information is used to determine eligibility for educational tax credits such as the American Opportunity Credit.
Form 1098-T is used as a guide in the preparation of your taxes. Its purpose is to assist you in determining your eligibility for an education tax credit. For more information on Education Tax Credits, visit the IRS website: www.irs.gov/publications/p970
Students who do not consent to online access will receive a paper 1098T in the mail postmarked January 31. If you received academic credit during the calendar year reported, did not consent to online access and did not receive a 1098T, see login instructions at the top of this page to access your information online (effective with calendar year 2008 only). To request a paper 1098T, send an email to Bursar@northampton.edu. Please include your full name and student ID#.
Forms can only be mailed to the student's mailing address on record. If your address has changed, you will need to update your address with the records office at least one week prior to requesting a 1098T. Proof of address may be required. Forms will be mailed within 2 weeks from the date requested. We regret this information cannot be faxed or disclosed over the telephone.
As an eligible educational institution, we are required to file 1098T information returns with the IRS and to furnish a 1098T statement to qualified students. In order to meet IRS regulations, we are required to provide a correct identifying number with these returns. This would be the student's social security number (SSN) or, for students not eligible to obtain a SSN, an individual taxpayer identification number (ITIN). Students who do not provide requested information may have a hold placed on their account until such information is received. A social security number may be provided in person with your social security card, or by submitting IRS Form W-9S Request for Student's Identification Number.
Form 1098T is not issued to students who have dropped all courses, taken only non-credit courses, are covered under a formal billing arrangement or are non-resident aliens.
The American Opportunity Tax Credit and Lifetime Learning Tax Credit are tax credit opportunities made available through the Tax Relief Act of 1997. Northampton Community College bursar's office issues IRS Form 1098T to all students enrolled in credit courses during the calendar year by January 31.
For additional information and explanation regarding the American Opportunity Tax Credit and Lifetime Learning Tax Credit, contact your tax advisor or click on the following IRS link Internal Revenue Service to Publication 970. For additional information, click on the links below:
- IRS - Understanding Taxes
- IRS - Tax Benefit Information Center
- IRS - Tax Information for Students
- IRS - Tax Information for Parents
Dependent students should give this information to the parent (taxpayer) who claims them.
