Form 1098-T is sent to students who were enrolled in courses and made payments on qualified tuition and required fees billed during the calendar year. The form is used by the IRS and students to determine eligibility for education-related benefits.
New for 2018
Michigan Tech is required to change the data reported on the 2018 1098-T form. View the section below for information about each area of the 1098-T.
The total amount of payments received from all sources, including scholarships and
grants (except for those designated for room and board), up to the amount billed for
qualified expenses (tuition, course related fees, student activity fees, and experience
Tech fees) during the calendar year.
Due to the transition in reporting for 2018 we may not be able to capture payments made for Spring semester charges billed in 2017. You may need to provide your 2017 1098-T showing Box 7 checked, your 2018 1098-T with box 3 checked, and a printout of your "Student Account Details" (available in Banweb/MyMichiganTech) to complete your 2018 taxes.
Will be blank. In previous years this box included all qualified expenses billed during the calendar year, including any Spring semester charges that were billed in November or December.
Will be checked to indicate that Michigan Tech changed from reporting billed amounts to reporting paid amounts.
Will be blank for 2018 because Michigan Tech did not report payments received prior to 2018.
Includes the total amount of any scholarships or grants processed during the calendar year for the payment of the student's cost of attendance, less loans.
Includes any adjustments to scholarships or grants previously reported on the 1098-T.
Will be checked if payments for Spring semester 2019 were received in 2018.
Will be checked if you were an undergraduate student enrolled at least half time.
Will be checked if you were enrolled as a graduate student during 2018.