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What's a 1098-T, and will I get one?

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Communications Coordinator
May 4, 2011


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Business, Education, Student Life

What's a 1098-T, and will I get one?

what is a 1098-T?
Sample 1098-T

The 1098-T is an IRS form entitled “Tuition Statement” that assists students in determining if you qualify for certain education related tax credits under the Taxpayer Relief Act of 1997(TRA97).

The IRS requires eligible educational institutions such as the Institute for Shipboard Education to file a 1098-T form each year for each student (excluding non-resident alien students) enrolled (that paid us directly) for whom a reportable transaction is made during the calendar year.

Please note: Your home school is responsible for issuing your 1098-T if you made your payment directly to them and they in turn paid us.

The 1098-T will detail ONLY the tuition amount you paid and does NOT include Room and Board, textbooks, field trips etc. Any Institute Aid awarded will appear in Box 5 under Scholarships and Grants.

Please contact your tax preparer for additional information on the handling of your 1098-T.

When does my 1098-T get mailed?

The Forms will be mailed by January 31st of the year after you sail. You should receive your 1098-T form within two weeks of this date. For US Residents we will make your 1098-T available online at: www.1098t.com.

Canadian residents should contact the Charlottesville office directly at (434) 243-4058 for completion of required Canadian tax tuition reporting forms.

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3 Comments

  1. Kim
    January 16, 2015 at 12:53 pm

    How do we get our 1098? Is it mailed or can we print a copy off the website? Thank you, Kim Gray (student Mason Gray fall 2014 SAS)

  2. Meredith Gardner
    March 11, 2015 at 12:14 pm

    I would like to know how to receive and/or print my 1098 tuition statement for the 2014 tax year. Thank you, Meredith Gardner

  3. Mike McCannon
    May 13, 2015 at 4:05 pm

    I am trying to get a 1098-t form for my son Grant Drew McCannon who traveled/studied with your spring 2014 voyage.
    Thank you,
    Mike McCannon

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