Department Of Accounting Services

Form 1098-T Information

In 1997, Congress passed the Tax Payer Relief Act, which included provisions for the Hope Scholarship Credit and the Lifetime Learning Credit. Both credits allow certain taxpayers who have incurred qualified expenses for higher education to take a credit against their federal income tax liability. The 1098-T is an information return. The following is general information only and should not be taken as tax advice. Whether you may take advantage of these tax credits depends upon your individual facts and circumstances. The amounts and calculations used to determine any credit are the responsibility of the taxpayer and the taxpayer's personal financial records serve as the official supporting documentation for any such credit. LSU at Alexandria cannot provide tax advice, so you may want to consult with a tax professional to find out more about the credits and your eligibility. See IRS Publication 970 for additional information.

Frequently Asked Questions About the 1098-T Form

When do I receive a 1098-T tax form?

The IRS requires the 1098-T tax form to be postmarked by January 31st of the following calendar year. This form is mailed to the student's current address on file. Address changes can be made at my.LSUA, Self Service, My Profile.

I did not receive a 1098-T tax form, Why?

LSUA is only required to send 1098-T forms to students whose qualified tuition and related expenses are greater than the students' scholarships, grants and waivers. Please refer to IRS instructions for Form 1098E and 1098T page 2 under exceptions at http://www.irs.gov/pub/irs-pdf/i1098et.pdf

As an example:
Student A has qualified tuition and fees of $5,350 (Box 2) and scholarships, waivers and grants of $6,645 (Box 5) for calendar year 2013. Student A will not receive a 1098-T form from the University. 
Student B has qualified tuition and fees of $5,350 (Box 2) and scholarships, waivers and grants of $4200 (Box 5) for calendar year 2013. Student B will receive a 1098-T form from the University.

The address that the University has on file as of 12/31/13 is not your current address.Students can update their address at my.LSUA, Self Service, My Profile.

What are qualified tuition and related expenses?

Qualified tuition and related expenses are tuition, fees, and course materials required for a student to be enrolled at or attend an eligible educational institution.

  • The following are not qualified tuition and related expenses:
    Amounts paid for any course or other education involving sports, games, or hobbies, unless the course or other education is part of the student's degree program or is taken to acquire or improve job skills.
  • Charges and fees for room, board, insurance, medical expenses (including student health fees), transportation, and similar personal, living, or family expenses.

Please refer to IRS instructions for Forms 1098E and 1098T page 3 under qualified tuition and related expenses at http://www.irs.gov/pub/irs-pdf/i1098et.pdf  

My records do not match the 1098-T tax form amounts, Why?

LSUA reports qualified tuition and related expenses by amounts billed during the calendar year. If you registered for your Spring courses prior to January, they will be included in your current 1098-T. If you registered for your Spring courses in January, they will be included on your next year’s 1098-T. Students whose scholarships, grants, or waiver amount exceeds their tuition and related expenses amount will not be reported. Accounting Services has no control as to when scholarships, grants, and waivers are entered to the students' accounts. The amounts in each box do not necessarily relate to a term or semester. They are determined by the date they appear on the student's account.

1098-T Form Fill-in Notes\

  • Box 1: Total payments received from any source for qualified tuition and related expenses less any related reimbursements or refunds: This box will be left blank. Universities may choose whether to report payments received or amounts billed on student accounts. LSU Alexandria has chosen to report qualified tuition and related expense amounts billed.
  • Box 2: Total amounts billed for qualified tuition and related expenses less any related reductions in charges: In general, this box will contain the sum of tuition and required fees billed to a student’s account during the calendar year, less any adjustments for a reduction in course load or withdrawal.
  • Box 3: This box will be left blank, since LSU Alexandria has not changed its reporting method from the previous year.
  • Box 4: Adjustments made for a prior year: The amount in this box should be the total of all reductions for qualified tuition and related expenses billed in a prior year. This amount is reported as a positive number per IRS requirements. However, it is actually a decrease to the amount reported on a prior year 1098-T.
  • Box 5: Scholarships or grants: This box contains the sum of all scholarships LSU Alexandria administered and processed for the student’s account during the calendar year. Tuition waivers and payments received from third parties that are applied to student accounts for educational expenses are included in this box.
  • Box 6: Adjustments to scholarships or grants for a prior year: Negative adjustments to scholarship amounts reported in a previous year are included in this box. This amount is reported as a positive number per IRS requirements. However, it is actually a decrease to the amount reported on a prior year 1098-T.
  • Box 7: Shows whether the amount in box 1 or 2 includes amounts for an academic period beginning January-March. See Pub. 970 for how to report these amounts. 
  • Box 8: A checkbox will display if the student is at least half-time. If the student is not at least half-time, then nothing will display.
  • Box 9: A checkbox will display if the student is considered enrolled exclusively in graduate courses. If the student is not considered enrolled exclusively in graduate courses, then nothing will display. Nothing will display for LSU Alexandria students.
  • Box 10: Shows the total amount of reimbursements or refunds of qualified tuition and related expenses made by an insurer. Nothing is being reported at this time.
  • Future Developments. For the latest information about developments related to Form 1098-T and its instructions, such as legislation enacted after thaey were published, go to www.irs.gov/form1098t.

Note: Please be advised that LSUA is prohibited from providing legal, tax, or accounting advice to students and we are not responsible for any use you make of this information.