Frequently Asked Questions

 

What information is included in Box 1 (Payments received for qualified tuition and related expenses)?

The figure in Box 1 represents the total of all (eligible) qualified tuition and related expense payments processed by the College during the calendar year, January 1 through December 31. *

* This is the case provided that there were any qualified tuition charges posted to the student account in said calendar year.  If not, then no 1098-T will be issued. 

Consult your student account on Banner Web for details on your particular situation or the insert that came with your 1098-T.

What information is included in Box 5 (Scholarships or grants)?

The figure in Box 5 represents the total of all scholarships or grants administered and processed by the College during the calendar year, January 1 through December 31. *

* This is the case provided that there were any qualified tuition charges posted to the student account in said calendar year.  If not, then no 1098-T will be issued. 

Consult your student account on Banner Web for details on your particular situation or the insert that came with your 1098-T.

I received a 1098-T form in previous years but did not receive one this year. Why not? Should I be concerned?

If you had no qualified tuition charges posted to your student account, for the tax year in question, the College is not required to report any information on a 1098-T.  Furthermore, for students whose aggregate scholarships and grants exceed the amount of qualified tuition charges posted, for the tax year in question, the College is not required to report any information on a 1098-T. 

I'm an international student and I didn't receive a 1098-T. Should I receive one?

For non-resident aliens, unless requested, we are not required to report any information on a 1098-T per IRS Reg § 1.6050S-1(a)(2)(i).  However, if your residency status is NOT a non-resident alien, please contact Linda Weindel, Manager, Student Accounts, at Swarthmore College, at 610-328-8396 or lweinde1@swarthmore.edu to find out the status of your 1098-T.

I believe the information reported in Box 1 or Box 5 is incorrect. Who should I contact?

You should contact Linda Weindel, Manager, Student Accounts, at Swarthmore College, at 610-328-8396 or lweinde1@swarthmore.edu.

I lost my 1098-T. Who should I contact?

You should contact Linda Weindel, Manager, Student Accounts, at Swarthmore College, at 610-328-8396 or lweinde1@swarthmore.edu.

I don't know if I qualify for any of the credits. How do I find out?

You should contact your tax advisor, the IRS at 1-800-TAX-FORM or consult IRS Publication 970-Tax Benefits for Higher Education.