Tax Information
La Roche University provides eligible students with IRS Form 1098-T (Tuition Statement) each January for the previous calendar year (Jan. 1–Dec. 31).
Form 1098-T provides information that you or the person claiming you as a dependent may use when determining eligibility for certain education tax credits or deductions. Receiving a Form 1098-T does not necessarily mean you are eligible for a tax credit or deduction.
La Roche University can answer questions about the information reported on your Form 1098-T but cannot provide tax advice or determine your eligibility for tax benefits. For information about education tax benefits, consult a qualified tax advisor or refer to IRS resources, including Publication 970, Tax Benefits for Education.
Understanding Your Form 1098-T
Box 1 – Payments Received for Qualified Tuition & Related Expenses
Box 1 reports payments received during the calendar year for qualified tuition and related expenses (QTRE).
Payments may come from sources including:
- Cash, check or electronic payments
- Federal or private education loans
- Scholarships and grants
- 529 plans and other college savings plans
At La Roche, QTRE generally includes tuition, mandatory fees and certain program fees. Housing, meal plans and other non-qualified expenses are not included.
The timing of the payment is important for tax reporting purposes. Box 1 reflects payments applied to qualified charges during the applicable calendar year, regardless of when the charges were originally posted.
Box 5 – Scholarships & Grants
Box 5 reports scholarships and grants posted to your student account during the calendar year, including aid that may have been applied to expenses that are not considered qualified tuition and related expenses.
Books & Course Materials
The cost of books and course materials is not automatically included in Box 1. Whether these costs qualify as an education expense depends on the specific tax credit or deduction being claimed. Consult IRS guidance or a qualified tax advisor for more information.
Other Information on Form 1098-T
Other boxes on Form 1098-T may provide additional information:
- Boxes 4 and 6: Adjustments to qualified tuition and related expenses or scholarships and grants reported for a prior year
- Boxes 7, 8 and 9: Information about academic periods, enrollment status and graduate-level study
Social Security Number or ITIN
Form 1098-T may include your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for IRS reporting purposes.
It is important that La Roche University has accurate taxpayer identification information on file. If your SSN or ITIN is missing or incorrect, contact the Office of Student Financial Services for information about how to update your record.
An incorrect mailing address does not change the tax information reported on Form 1098-T, but students should keep their contact information current with the University.
International Students
Form 1098-T requirements may differ for international students, including nonresident aliens. Students should consult IRS guidance or a qualified tax advisor to determine whether the form or education tax benefits apply to their individual circumstances.
If You Did Not Receive a Form 1098-T
There are circumstances in which a student may not receive a Form 1098-T, including when no qualified tuition and related expenses were paid during the calendar year or when applicable charges and payments were reversed.
If you believe you should have received a Form 1098-T or have questions about the information reported on your form, contact the Office of Student Financial Services.
Student Loan Interest – Form 1098-E
Students who paid interest on eligible student loans may receive Form 1098-E (Student Loan Interest Statement) from their loan servicer.
If your Form 1098-E is provided by Heartland ECSI, visit Heartland ECSI to access your tax information. Additional information about the student loan interest deduction is available from the IRS.
Tax Resources
For additional information about education-related tax benefits, visit the Internal Revenue Service (IRS) or consult a qualified tax professional.
Helpful IRS resources include:
- Publication 970 – Tax Benefits for Education
- Form 8863 – Education Credits
- Information about the Student Loan Interest Deduction
Questions?
For questions about information reported by La Roche University on your Form 1098-T, contact the Office of Student Financial Services at StudentFinancialServices@laroche.edu or 412-536-1030.