Cabrini College is required by the Internal Revenue Service (IRS) to issue Form 1098‑T (Tuition Statement) to any student enrolled during the academic terms in calendar year 2011 and 2012, and billed in calendar year 2011.
For terms in calendar year 2011, Form 1098‑T documents if your enrollment status is at least half time, and whether you were enrolled as a graduate student during the reporting period.
The form also shows the amount billed for qualified tuition expenses and any scholarships or grants received between January 1 and December 31, 2011. Additionally, the form includes calendar year 2010 adjustments to charges, scholarships, and grants for prior years.
The Taxpayer Relief Act of 1997 included two tax credits that may be available to persons who pay higher education costs: The Hope Credit and The Lifetime Learning Credit.
Cabrini College cannot determine if you are eligible for either of these credits or the amount of credits for which you may qualify. Please consult your tax adviser or IRS Publication 970, Tax Benefits for Higher Education, for more information.
To determine the amounts of tuition and fees paid during the calendar year, please consult your records or go to your CabriniOne account.
The IRS offers free forms, publications, and other information at the local IRS office in your area. In addition, you may request forms and publications by contacting them through the telephone at 1-800-TAX-FORM (1-800-829-3676) or at www.irs.gov.
Cabrini students can elect to receive their Form 1098‑T electronically rather than via mail. To do so:
Students may also view their current and past years' 1098-T forms through their CabriniOne account online. To retrieve your tax information follow these instructions: