Understanding My 1098T

Overview of IRS Form 1098-T

Important notice: Effective January 1, 2018, the IRS requires all educational institutions to report payments received for qualified tuition and related expenses in Box 1 of the Form 1098-T.  Scholarships & Grants awarded during the 2018 calendar year will continue to be shown in Box 5.

University of Illinois is required to provide a completed IRS Form 1098-T to all enrolled students for whom a reportable transaction is made, then to report those students’ enrollment and summary financial data to the IRS. A reportable transaction is defined as tuition and fees a student must pay to be enrolled in a degree program.

University of Illinois reports the payments received for qualified tuition and related expenses from all sources during the calendar year in Box 1 of Form 1098-T, and the total amount of scholarships and grants in Box 5 (up to $5,250 of graduate level tuition and fee benefits awarded to Graduate Assistants (GAs) and employees are reported in Box 5 of the IRS Form 1098-T; amounts exceeding $5,250 are reported on IRS Form W-2). 

University of Illinois will deliver your completed IRS Form 1098-T electronically on or before January 31st every year you have a reportable transaction. The 1098-T is not available electronically for Authorized Payers.

Click here to login to your student account, follow the login instructions for your campus, and then follow the instructions below to access your 1098-T.

  • Select 1098-T Tax Information
  • Select Tax Year
  • To print, use your browser’s Print function.

If you have graduated or left the University of Illinois and no longer have access to Student Self Service, call the AITS Service Desk at:

  • Chicago - (312) 996-4806
  • Urbana/Springfield - (217) 333-3102

Requirements

In order to provide you with IRS Form 1098-T, and to report your enrollment and financial data to the IRS, the University must have:

  1. Your valid Social Security Number (SSN): while University policy does not require your SSN in the University’s admissions process, IRS regulations require us to request your SSN, and you are subject to an IRS penalty if you fail to furnish your correct SSN to us. If the University does not have your valid SSN on file, USFSCO will email you in November or early December to request it. You must use IRS form W-9S, which may be downloaded from the IRS website at http://www.irs.gov/pub/irs-pdf/fw9s.pdf, to provide your SSN.
  2. Your valid address: in order to ensure timely and accurate reporting of your Form 1098-T each year, please keep all your addresses up to date in University records. To update your address:

    1. Log into Student Self Service;
    2. Select “Personal Information”;
    3. Select and update as necessary your “Addresses & Phones”.

Additional Information

For complete information about 1098T and education tax credits, please refer to the IRS Website and review the current versions of the following documents: