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Tax Information

Educational Tax Credit (Form 1098-T)

Steeple on Anderson University Indiana campus.

1098-T Tax Form

The 1098-T Tax Form is for tax reporting purposes only and meets Anderson University’s obligation for reporting per IRS guidelines. The purpose of the form is to determine a taxpayer’s eligibility for various tax credits (such as the American Opportunity Credit and the Lifetime Learning Credit) and deductions. 

However, not all students will receive a 1098-T tax form. The IRS does not require the university to provide a 1098-T form for:

  1. A course for which no academic credit is offered, even if the student is otherwise enrolled in a degree program
  2. Nonresident alien students
  3. Students who have qualified tuition and related expenses are entirely waived or paid entirely with scholarships and/or grants
  4. Students whose expenses are covered by a formal third-party billing arrangement

Qualified education expenses are tuition and certain related expenses required for enrollment or attendance. This does not include:

  • Room and Board
  • Insurance
  • Medical Expenses
  • Transportation
  • Personal Living or Family Expenses
  • Education that involves sports, games, or hobbies
  • Any non-credit course unless it is part of the student’s degree program

If eligible for a 1098-T tax form, it will be mailed out to the student’s home address no later than January 31st. If eligible for a 1098-T tax form, a paper version will be mailed out to the student’s address on file.

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