The 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.

You can sign up to receive your 1098-T electronically (also referred to as e1098-T) by following the steps provided below. 

• Go to Self-Service Banner.
• Log in using your Rowan NetID and password.
• Under the "Bursar" tab, select "ePay Center" to be directed to the secure payment site.
• Go to “My Account” and select “Consents and Agreements”.
• Select “Change” if you would like to consent to paperless delivery of your 1098-T form.
• A “Paperless 1098-T Option” message will appear with an option for consent. By clicking on “Accept Consent”, students state their intent to receive their 1098-T form every year they attend Rowan University.

There are two ways in which you can access your e1098-T form, which are as follows:

Accessing your e1098-T form in the e-Pay Center (official 1098-T form)

• Go to Self-Service Banner.
• Log in using your Rowan NetID and password.
• Under the "Bursar" tab, select "ePay Center" to be directed to the secure payment site.
• Go to “My Account” and select “Statements”.
• Select “1098-T Tax Statements” tab.
• Click on the appropriate tax year link to access PDF version of official 1098-T form.

Accessing your e1098-T information in Self-Service Banner 

• Log in using your Rowan NetID and password.
• Select the "Bursar" tab on the main menu.
• Select "1098-T Form".  Enter appropriate tax year and click "Submit".

Yes. To access a prior year 1098-T Tax Form online, go to Self-Service Banner.  Log in using your Rowan Network credentials and select the "Bursar" tab on the main menu.  Select "1098-T Form".  Enter appropriate tax year and click "Submit".

You may also access your 1098-T form in the ePay Center.  Once logged in to Self-Service Banner, select the "Bursar" tab on the main menu.  Choose "ePay Center" and then "View Bills and Make Payment" to be directed to the secure payment site.  Choose "My Account", then choose "Statements".  Click on the option for "1098-T Statements."  Choose the desired tax year by clicking on the action button to the right, then click "View" from the pop-up menu option.  A PDF file will be generated, so be sure your pop-up blocker is disabled for this site.

Yes, being that Section 6050S of the Internal Revenue Code, as enacted by the Taxpayer Relief Act of 1997, requires institutions to file information returns to assist taxpayers and the IRS in determining eligibility for the American Opportunity Credit and Lifetime Learning education tax credits. The annual deadline for the University to file the required tax information electronically is April 2nd, although data may be transmitted earlier as circumstances allow.

We advise that you keep it for your records. Since the University sends your 1098-T information to the IRS, there is no need to attach a copy of the form to your tax return. The information contained in the 1098-T will help you to determine if you may claim the eligible education credits using IRS Form 8863.

Reporting to the IRS depends primarily on your SSN, so it is very important for you to have the correct information on file with the University. Please complete a W-9 form and submit it to the Office of the Bursar. Upon receipt of your communication, we will provide you with an updated copy of your 1098T within ten (10) business days. The annual deadline for the University to file 1098-T tax information electronically with the IRS is February 12th, although data may be transmitted earlier as circumstances allow. Please make sure any updates are completed before mid-March to promote accurate filing.

Your name is a key element of your tax information, so be sure to submit changes to the University as soon as possible. All name changes are handled by the Office of the Registrar. After your name has been updated, please contact us at bursar@rowan.edu or (856) 256-4150.

Box 1 represents payments received for qualified tuition and related expenses (QTRE). The amount reported is the total amount received less any refunds. The amount reported includes scholarships and grants reported in Box 5.

Due to a change to institutional reporting requirements under federal law, we will report in Box 1 the amount of QTRE you paid during the year and no longer report in Box 2 the amount billed.

Box 5 ("Scholarships or grants") shows the net amount of certain forms of educational assistance that were received or applied to your student account during the tax year (January - December), regardless of the quarter for which the funds originally were intended. For example, if you received a check for a Fall 2017 Pell Grant in 2017, the amount of the check would be added into Box 5. Note that the amount in Box 5 may include fee payments and other credits, as well as payments from outside resources. Any subsequent adjustments or reductions to educational assistance that occurred in the same tax year are summed into the amount. The net amount is sent to the IRS.

Box 7, if checked, indicates that "Amounts paid" in Box 1 include "Pre-billed tuition and related expenses". These fees are those billed during the tax year for a quarter beginning in the first three (3) months of the following tax year.

Box 8, if checked, indicates that you were considered to be "enrolled at least half-time" for one or more quarters during the tax year. At Rowan University, "at least half-time" means that you were enrolled in 6 or more units for any term.

In order to claim the American Opportunity Credit, a student must be enrolled at least half-time in a program that leads to a degree, certificate, or other recognized educational credential for at least one academic period beginning during the tax year. (See "Who is eligible” in IRS Publication 970: Tax Benefits for Education for more information.) Note that a check mark does not guarantee your ability to claim the American Opportunity Credit, as additional eligibility requirements must be met. Also note that the workload requirement does not apply to the Lifetime Learning Credit, which is allowed for any level of enrollment.