Tax and 1098-T Information

Tax and 1098-T Information

American Opportunity & Lifetime Learning Tax Credit Information

The American Opportunity Credit takes the place of the HOPE Credit. The HOPE credit is for tax years 2008 and prior. The Lifetime Learning Tax Credit remains.

IRS Publication 970, Tax Benefits for Higher Education will assist taxpayers in determining their eligibility for the tax credits.  You may obtain this Publication from any IRS office, or download it from the Internet at  The IRS addresses specific questions that taxpayers may have concerning their eligibility for the tax credits here.

In addition, if you have not supplied your social security number to Rowan University, please complete the IRS FORM W-9S part 1.

Form 1098-T will be mailed to students by January 31st, unless the student has opted to receive this form electronically. It is informational only. It alerts the student that they may be eligible for federal income tax education credits.

The college provides in Box 1 payments received for qualified tuition and fees that were billed to you. IRS education credits are based on amounts paid by you, not billed to you.

Please click here for FAQs on the 1098-T tax form.