Enrolled students have online access to their 1098 form through Banner Self Service and are able to print the form if required. The Bursar’s Office will send a paper copy to all students who have graduated or who have withdrawn from the University and no longer have access to their online Banner Self Service account.
The 1098-T form is used to assist students and families in determining if you are eligible for an Education Tax Credit or a Tuition and Fees Deduction. Bryant University is required to produce the 1098-T by IRS regulations. The 1098-T form is provided each year on or before January 31. The information contained in the 1098-T will help you determine if you may claim one of the two tax credits, the American Opportunity Credit or the Lifetime Learning Credit, or a Tuition and Fees Deduction.
1098-T and Social Security Numbers: Per state, federal and IRS guidelines, Bryant University will request that all students provide their Social Security Number (SSN) for reporting purposes. Failure to provide Bryant University with an SSN may result in a registration hold and/or being fined by the IRS in accordance with Internal Revenue Code Section 6723.
1098-T Data: The data reported on the 1098-T is based on the tax year (not the academic year). Box 2 displays the total amount the student was billed for qualified tuition and related expenses in the tax year. Box 5 displays the total amount of any scholarships and grants administered and processed during the tax year for the payment of student’s cost of attendance. PLEASE NOTE: Payments are not reported on this form.
Students should refer all tax-related questions to their own tax counsel. Students may get additional information from IRS Publication 970, Tax Benefits for Higher Education, or visit the Internal Revenue Service web site: