News

 

Winter 2020 Payment Due Date   

Winter 2020 eStatements are now available for viewing, and the payment due date is Friday, December 6th.  Please note there is no payment plan available for this session.

Spring 2020 Payment Due Date and Deferred Tuition Payment Plan

Spring 2020 eStatements are now available for viewing, and the payment due date is Friday, January 3rd, 2020.

The Spring 2020 deferred tuition payment plan is comprised of five (5) installments and will be available the week of December 8th, 2019 . One-fifth of the current amount due (net of financial aid, private scholarships, loans, etc.) plus a $50.00 enrollment fee must be paid on or before the Spring 2020 billing due date indicated above. The remaining installments will be billed via e-mail to the student’s Rowan e-mail address during the semester.

The plan due dates are as follows:

• January 3, 2020 (Spring 2020 billing due date and includes enrollment fee mentioned above)
• February 1, 2020
• March 1, 2020
• April 1, 2020
• May 1, 2020

For instructions on how to enroll in the deferred tuition payment plan, please click here.

eRefunds   

The Office of the Bursar requires that students who expect to receive a refund to enroll in our eRefund service.  eRefunds are sent electronically via direct deposit to a designated personal checking or savings account.  For more information on eRefunds and how to enroll, please click here. 

Important Changes to 1098-T Reporting Process

In previous years, the 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) billed to student accounts for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, the University will report in Box 1 the amount of QTRE paid during the year.

Depending on student income (or family income, if a dependent), whether the student was considered full or half-time enrolled, and the amount of qualified educational expenses for the year, students may be eligible for a federal education tax credit. (Detailed information about claiming education tax credits can be found in IRS Publication 970 page 9.)

The dollar amounts reported on the Form 1098-T may assist students in completing IRS Form 8863, the form used for calculating the education tax credits that a taxpayer may claim as part of his/her tax return.

Rowan University is unable to provide individual tax advice, but should assistance be needed, we advise that students seek the counsel of an informed tax preparer or adviser.

1098-T Information

What is the 1098-T form?

1098-T form is the information return that colleges and universities are required to issue for the purpose of determining a student's eligibility for the American Opportunity Credit and Lifetime Learning education tax credits. Rowan University reports payments received for qualified tuition and related expenses, prior year adjustments, and grants and scholarships.

For more information, please go to Tax & 1098T Info on our web page, or contact us at bursar@rowan.edu or (856) 256-4150.

 

Want to Add Authorized Users?

Authorizing users enables students to grant access to parents/guardians to view and pay the tuition bill on the student’s behalf. To set up an authorized user, log on to Banner Self-Service and follow the steps below:

• Under the "Bursar" tab, select "ePay Center," then "View Bill and Make Payment" to be directed to the secure payment site.
• Select "Authorized Users" under the "My Account" tab and follow the steps provided.

Authorized users will be sent an e-mail with a username and password in order to log in and view your statements and make payments. NOTE: This does not replace the FERPA waiver administered by the Office of the Registrar.