Month: February 2016

Your Money Matters!

Not sure what type of loans you have?   What is the difference between a credit & debit card? What happens if you save $100 each month?  Come find out at the Financial Literacy Presentation hosted by the Office of Student Financial Aid Services and your name will be entered into a raffle!

 

Events will be held on the following days. Click here to register for a session.

 

Date Time Location
Wednesday March 23rd 12:15 – 1:00 pm Student Union Ball Room, Storrs CT
Thursday, March 24th 12:45 – 1:30 pm Student Union Ball Room, Storrs CT

Tax Form 1098-T Available!

If you are eligible, your 2015 Tax Form 1098-T is available online!

To grant consent to view your form electronically please follow these steps.

 


 

 

Why You May Not Receive a Form 1098-T

Eligible educational institutions are required by the IRS to annually file the form for each student enrolled and for whom a reportable transaction is made. Consistent with IRS Regulations, UConn does not furnish a statement if:

  • Students whose qualified tuition and related expenses (posted in 2015) are entirely waived or paid entirely with scholarships (posted in 2015)
  • Students who do not maintain a separate financial account and whose qualified tuition and related expenses are covered by a formal billing arrangement between UConn and the student’s employer or a government entity, such as the Department of Veteran Affairs
  • Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program

If you fall under one of these exceptions you will not receive a Form 1098-T. You may still obtain all of the information you need to prepare your 2015 tax returns from your Online Term Fee Bills. Help with Viewing Online Term Fee Bill.  In fact, your Fee Bills will be the best and most accurate source of such information, even for students who receive Form 1098-T.

 

Please keep in mind that some students may still be able to claim education-related benefits on their 2015 income tax returns, even if they do not receive Form 1098-T. Also, whether or not you receive Form 1098-T does not affect the fact that you might have to claim income if your grants or scholarships exceed education expenses. For more information, please refer to IRS Publication 970.

 

For more information visit our 1098-T website.