Form 1098-T is an annual IRS form completed by Western Carolina University as required
by the Taxpayer Relief Act of 1997 which is furnished to students to assist them in
the preparation of their annual income tax returns. The form summarizes qualified
tuition and related expenses for the calendar year (January 1 to December 31). The
form reports the amounts billed that may entitle the student to the American Opportunity
Credit, Lifetime Learning Credit, or other educational tax benefits depending on their
In order to comply with IRS regulations, Western Carolina University is required to
have the student's social security number for 1098-T IRS reporting. Not having the
number may delay processing.
Your 1098-T form will be accessible online. If the amount of tuition BILLED (not paid)
during 2016 is greater than the amount of scholarships and grants received, the student
will have a 2016 Form 1098-T Tuition Statement available on-line by going to the Vangent 1098-T website. The student will click the "First Time Students" button and enter the full first
and last names and the last 5 digits of the social security number. If there are records
present for the student, he will be instructed to create an account to retrieve the
1098-T. The 1098-T may be viewed and printed. If the student consents to receive the
1098-T electronically, a paper form will not be mailed.
You may have your 1098-T mailed. For students who cannot access the VAngent website
or want to have their form mailed, forms will be mailed by January 31, 2016 to the
mailing address in our records. If you are a current student, we encourage you to
take advantage of receiving the form electronically: save time, eliminate the risk
of losing your 1098-T form in the mail, and safeguard your personal information.
To see the information on your 1098-T in myWCU:
1. Visit myWCU and login with your WCU ID (before the @ in your catamount email address) and password.
2. Click Menu in the upper left hand corner and search for 1098.
3. Click Obtain 1098-T Tax Notification and select the correct tax year.
The 1098-T Form
- Box 1: Payments received for qualified tuition and related expenses: Not used.
- Box 2: Amounts billed for qualified tuition and related expenses: Schools have the
option of reporting amounts paid or amounts billed. We report to the IRS the amount
of qualified tuition and fee expenses billed to your account during the calendar year 2016. A list of qualified expenses is presented
in the next section.
- Box 3: Change in Reporting Methods Box: Not used
- Box 4: Adjustments made for a prior year: This is for adjustments to tuition for any
period prior to January 1, 2016. In general, net tuition = Box 2 – Box 4
- Box 5: Scholarships or grants: This box reports scholarships and grants, but not loans,
posted to your account during the calendar year 2016. Scholarships and grants may
be paid in cash or may be in the form of direct tuition reductions.
- Box 6: Adjustments to scholarships or grants for a prior year. This is for adjustments
to scholarships and grants that were granted any time prior to January 1, 2016. In
general, net grants = Box 6 – Box 5
- Box 7: If this box is checked, then at least some amount of tuition is for the academic
period January-May 2016 (Spring Semester 2016). It is common for a student to register,
be billed, and pay tuition for Spring Semester in November or December of the previous
- Box 8: If this box is checked, then the student has enrolled at least half time (5
credits for graduates, 6 credits for undergraduates) for at least one semester during
- Box 9: If this box is checked, then the student is a graduate student at any time
Qualified education expenses include:
- Tuition and fees that are required to enroll at Western Carolina University
- Books and supplies that are required for course instruction. (Caution: Since the University
cannot track any amounts paid for books and supplies, no amount for books and supplies will be on the 1098-T form. Please keep your receipts.)
Some expenses that are NOT qualified for the 1098-T:
- Housing and meal plans
- Transportation Fee
- Health Insurance Fees
- Health Service Fee
Do I need to complete a 1098-T form
No, the 1098-T form is completed by the University.
Why did I not receive a 1098-T
Western Carolina University is not required to furnish a 1098-T for the following reasons:
- Students who take classes where no academic credit is offered even if the student
is otherwise enrolled in a degree program;
- Students who are nonresident aliens for income tax purposes (unless requested by the
- Students whose qualified tuition and related expenses are entirely waived or paid entirely with grants and
- Students for whom Western Carolina University does not maintain separate financial
account information and whose qualified tuition and related expenses are covered by
a formal billing arrangement between the University and either the student's employer
or a governmental entity, such as the Department of Veteran Affairs or the Department
Some of the most common reasons for not receiving a 1098-T are:
- Western Carolina University does not have your social security number. This information
is required for 1098-T reporting.
- Western Carolina University does not have your valid address
- The student's qualified tuition and related expenses are entirely waived or covered
by scholarships and grants.
My last semester was Spring 2016. Will I receive a 1098-T form for 2016?
We are required to report transactions by calendar year (January 1, 2016 to December
For most students, tuition charges for Spring 2016 semester were posted to the student's
account before January 1, 2016. Therefore, those charges were stated on the 2015 1098-T
form. Transactions regarding late adds and financial aid posted after January 1, 2016
are stated on the 2016 1098-T.
To summarize, for most students:
Regular tuition charges for Spring 2016 semester are posted on the 2015 1098-T form.
Late adjustments and financial aid awarded after January 1 are posted on the 2016
Is my financial aid reported on the 1098-T?
Scholarships, grants, waivers, and anything that is not required to be paid back,
that are processed through the University are reported in Box 5 on the 1098-T. Loans
are not reported on the 1098-T.
What are the educational tax benefits that the IRS offers?
Some of the tax benefits the IRS offers are:
American Opportunity Credit - A student may take a credit up to $2,500 (with up to $1,000 refundable). The student
must have been enrolled at least half-time for any semester during 2016, which can
be verified if Box 8 on the 1098-T has been checked.
The list of qualified expenses has been expanded to include "course materials", or
books, supplies, and equipment needed for a course study. Caution: for the purposes
of this credit, the 1098-T may not reflect the total qualified expenses based on information
available. This credit is available for students who are in their first four years
of post-secondary education.
Lifetime Learning Credit - A taxpayer may take up to $2,000 (20% of the first $10,000 in expenses) credit per
tax return, not per student. The credit is available for all years of postsecondary
education and courses to acquire or improve job skills.
Tuition and Fees Deduction - Up to $4,000 may be deducted from income for qualified expenses. Expenses that
do not qualify for these benefits include insurance, medical expenses, room and board,
and expenses for non-credit courses.
For details, check out IRS Publication 970.
I am an international student; do I need a 1098-T?
It depends whether you are a nonresident alien for federal income tax purposes. Nonresident
aliens are generally not eligible for educational tax benefits.
Only you and your tax consultant can determine if you are eligible for any of the
above tax benefits. The University cannot advise you on your tax situation.
Is there a payment required when the 1098-T is received?
No payment is necessary. The 1098-T is not a bill from the University.
Remember, the 1098-T is completed by the University; you do not complete the 1098-T.
I pay to participate in a foreign exchange program. Why isn't this on my form?
Most likely what you are paying for is travel expenses. Travel is not included on
the 1098-T because for most tax benefits, travel is not an allowable expense.
Other Questions? Please email us at email@example.com.
Regarding tax information, you can also call the IRS at 1-800-829-1040, Monday-Friday,
7:00 AM - 10:00 PM or visit the IRS web site.
DISCLAIMER: The information on this page is general information only. We are not
personal tax preparers and cannot give any personal tax advice. For tax preparation
advice, please consult your tax advisor.