The Internal Revenue Service (IRS) requires SFA to issue Form 1098-T, Tuition Statement, to certain students. The 1098-T reports "Qualified Tuition and Related Expenses" (QTRE) as defined by the IRS, and provides information necessary to determine eligibility for federal education tax credits.
QTRE payments received by SFA from Jan. 1 to Dec. 31 for that year's terms are reported in Box 1 of the Form 1098-T.
Total of scholarships, grants and contracts processed by SFA and posted to the student's account during the calendar year is reported in Box 5.
Note: Not every student is issued a Form 1098-T. For example, a student who has scholarships and/or grants that fully cover the amount of their QTRE does not receive a 1098-T.
To insure the information SFA reports to you and the IRS is correct, verify your permanent address in your mySFA account.
Amounts on your Form 1098-T and what you paid SFA may differ
Form 1098-T is an informational form and may not match personal payment records or the amounts taxpayers should enter on their tax returns. QTRE reported on the 1098-T are defined by the IRS. The IRS does not consider fees such room and board, post office box rental and parking fines as QTRE. Therefore, they are excluded from amounts reported on the 1098-T.
Additionally, amounts reported on Form 1098-T include only payments made during the year for that year’s terms. Payments applied to previous- or future-year terms are not included. It is the taxpayer's responsibility to report actual QTRE payments made during the calendar year to the IRS.
Receiving your Form 1098-T
By registering for classes online, you automatically consent to receive your Form 1098-T online. You may withdraw your consent to receive your Form 1098-T electronically at any time by providing written notification to Student Business Services. Submit your written request via email, mail, or in person during normal business hours using the contact information below.
Form 1098-T available Jan. 31
Students who are issued a Form 1098-T have access to it online no later than Jan. 31 for the prior tax year. Once the form is available, an email is sent to applicable students' mySFA email accounts notifying them of its availability and instructions on how to access it through mySFA.
Students will not receive their Form 1098-T via mail unless they withdraw their consent to receive it electronically. A paper copy of Form 1098-T will be mailed by Jan. 31 to students who withdrew their consent to receive Form 1098-T electronically.
Can guardians have online access to my Form 1098-T?
Yes, if the student has added the guardian as an authorized user to access the student's eBill.
How do I view and print my current or previous Form 1098-T?
To view your Form 1098-T, follow these steps:
- Log in to mySFA.
- Select "Billing" from the menu.
- Click the "1098-T" link within the Tax Information box.
- Enter the tax year.
- Click the "Submit" button.
You also can access this form through your eBill by visiting the Statements section.
How do I request a duplicate Form 1098-T?
Former students who no longer have access through mySFA may request a duplicated Form 1098-T.
Additional tax questions?
To see if you qualify for federal education tax credits or deductions, and for help in calculating the amounts, see:
- IRS Pub. 970, Tax Benefits for Education
- IRS Form 8863, Education Credits
- and IRS Form 1040, U.S. Individual Income Tax Return, instructions.
Also refer to your own records or contact your tax advisor. SFA does not provide tax advice.