Tax Form: 1098-T

1098-T General Information

2024 1098-T Form:

Availability:

  • Online Availability: 1/14/2025
  • Paper Mailings: Will occur around January 31st (you may receive the form after this date)

Students who are Eligible to Receive a Form:

Each student who is enrolled in your institution for any academic period (for example, semester, trimester, or quarter) in 2024.

Exceptions. You do not have to file Form 1098-T or furnish a statement for:
  • Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program;
  • Nonresident alien students, unless requested by the student;
  • Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships; and
  • Students for whom you do not maintain a separate financial account and whose qualified tuition and related expenses are covered by a formal billing arrangement between an institution and the student’s employer or a governmental entity, such as the Department of Veterans Affairs or the Department of Defense.

International Students who have a U.S. TIN# on file at AIC will be issued a 1098-T. If you do not have a U.S. TIN # on file at AIC, please contact Student Accounts to request the 1098-T. You will be required to complete a form confirming whether or not you have a U.S. TIN#.

1098-T

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1098-T: Access and Detailed Box # Information

Title Description
1098-T: Access Forms

You may access the form online at via our partner TRA MAXIMUS.

If you experience issues accessing your account, please contact Maximus at 833-604-9184 (Monday-Friday 9am to 5:30 pm CST, 10am to 6:30pm in EST, excluding Federal holidays) 

Electronic Access: Available Now for 2024 and prior years

Login: If you have not previously created a username and password for MAXIMUS (previously GDIT TRA Service), you will be required to create your log-in information. You will need the last 5 digits of your social security number or Your Student ID# AND your full first and last name. 

If your name contains a space or a special character and you are having trouble logging in, please try entering your name without the special character or the space.

Note: You need to enable pop-ups. The download will be a PDF in a pop-up window.
Box 1

Box 1: Payments Received for qualified Tuition and Related Expenses

The total amount of payments received for qualified tuition and related expenses from all sources during the calendar year.

The amount reported is the total amount of payments received less any reimbursements or refunds made during the calendar year that relate to the payments received for qualified tuition and related expenses during the same calendar year. The amount reported is not reduced by scholarships and grants reported in box 5. Include in this box the receipt of a payment of past-due qualified tuition or related expenses from a previous calendar year, but only if the educational institution previously billed the student for such amount(s).

Not Included: Fines, Graduation Fees, Health Services Fees, Meal Plans, Parking Fees, Rooms, Student Health Insurance, and Supportive Services are examples of items that are NOT considered to be tuition and related expenses. Payments for these items are not reported in Box 1.
Box 4

Box 4: Adjustments Made for a Prior Year

Enter reimbursements or refunds of qualified tuition and related expenses made in 2022 that relate to payments received that were reported for any prior year after 2002.
Box 5

Box 5: Scholarships or Grants

The total amount of any scholarships or grants that you administered and processed during the calendar year for the payment of the student’s costs of attendance. Scholarships and grants generally include all payments received from third parties (excluding family members and loan proceeds). This includes payments received from governmental and private entities such as the Department of Veterans Affairs, the Department of Defense, civic and religious organizations, and nonprofit entities. However, see Exceptions, earlier.

A scholarship or grant is administered and processed by you if you receive payment of an amount, whether by check, cash, electronic transfer, or other means, and such payment is designated as a grant or a scholarship by the payor, or the circumstances make it clear that the payment is a grant or scholarship. A Pell Grant is an example of a grant administered and processed by a college or university in all cases.
Boxes 7,8 and 9

Box 7. Checkbox for Amounts for an Academic Period Beginning in January Through March of 2023

Check this box if any payments received for qualified tuition and related expenses reported for 2022 relate to an academic period that begins in January through March of 2023.

Box 8. Check if at Least Half-Time Student

Check this box if the student was at least a half-time student during any academic period that began in 2022. A half-time student is a student enrolled for at least half the full-time academic workload for the course of study the student is pursuing. Your institution’s standard for a half-time student work load must equal or exceed the standards established by the Department of Education under the Higher Education Act and set forth in 34 C.F.R. section 668.2(b).

Box 9. Check if a Graduate Student

Check this box if the student was a graduate student. The student is a graduate student if the student was enrolled in a program or programs leading to a graduate-level degree, graduate-level certificate, or other recognized graduate-level educational credential.
1098-T Federal Regulations

For years 2017 and prior, your 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) we billed to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of QTRE you paid during the year.

 

Depending on your income (or your family’s income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970.)

 

The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return. AIC is unable to provide you with individual tax advice, but should you have questions, you should seek the counsel of an informed tax preparer or adviser.