Policy and Procedure Manual

502-7 1098-T

Title:

1098-T

Owner:

Student Financial Services

Last Update/Review:

07/31/2024


Policy: The Taxpayer Relief Act requires Aspen University to report student fee information to the IRS. You may be eligible to use the 1098-T to claim education tax credits if you are in one of these categories:

  •  U.S. Citizens
  • Permanent Residents (PR)
  • Married to a citizen or Permanent Resident
  • Can legally be claimed as a dependent by a U.S. citizen or Permanent Resident, or
  • Have been in the US long enough to file taxes as a resident for federal tax purposes

Purpose: The purpose of this policy is to define 1098-T eligibility. 

Scope: This policy applies to any students who are eligible to use the 1098-T to claim education tax credits.

Document and Form(s): 1098-T form at the end of the tax year.