Tax Information

Learn some of the general information about Federal Education Tax Benefits, what tax forms you can expect to receive and other important tips.

This section provides links to general information about Federal Education Tax Benefits, help on understanding your 1098-T Form, and navigation to the IRS website for detailed information.

Student Financial Services Office staff members are not experts on tax return preparation and federal education tax benefits so they cannot provide tax advice but can assist with general questions.

Federal Education Tax Benefits

Publication 970, Tax Benefits for Education, can help explain all the federal tax benefits that help pay for college.  There is also information about related IRS Publications that may be helpful.

For more information, go to the IRS website.

1098-T and 1098-E Forms Information

Student Financial Services provides 1098-Ts for the previous calendar year on, or before, January 31st. To access your 1098-T the fastest way possible, please opt for electronic delivery on your Student Account Center. Otherwise, non-electronic forms are mailed. Students and/or bill payers may use the 1098-T information to help calculate their eligibility for tax credits and deductions for the IRS filing year reported on the form.

Students may allow their parent access to view the 1098-T online by indicating the access for the Authorized User on the Student Account Center.  Please refer to Federal Tax Benefits for Higher Education site for additional information.

Seattle University is unable to provide you with individual tax advice, but should you have questions, you should seek the counsel of an informed tax preparer or adviser.

Reading the 1098-T

Box 1

  • Total amount of qualified tuition and related expenses (QTRE) you paid in calendar (tax) year, less any refunds received that year. 

Box 2

  • Not reported by Seattle University. Can be calculated using account activity/invoices from the Student Account Center records to total billed expenses in calendar (tax) year.
  • Tuition and fees, such as lab, matriculation, study abroad, lesson, nurse-testing or doctoral fees are examples of Qualified Expenses. By regulation, orientation, room, board, insurance, transportation, expenses not directly billed (books, supplies, equipment), or other personal expenses cannot be included. Please refer to IRS Publication 970 and IRS Form 8863 to calculate eligibility and/or credit.

Box 3

  • Not applicable to Seattle University.

Box 4

  • Reflects adjustments made to the tax year prior to the one being reported on the form.

Box 5

  • Reflects scholarships and grants posted to the student's Seattle University student account in the year being reported as payment toward the cost of attendance. Included are institutional, federal, state and/or private scholarships and/or grants that were posted on the student account.
  • If the student received and used a state and/or private scholarship and/or grant check for the payment of the cost of attendance without posting it directly to the student's account, this amount will need to be added the amount reported in Box 5.

Box 6

  • Reflects the adjustments in the year being reported to grants or scholarships from the calendar year prior to the year being reported. 

Box 7

  • Is checked if any of the expenses reported in Box 2 relate to an academic period that begins in January through March of the year following the year being reported.

Box 8

  • Is checked if the student was enrolled half-time or greater in the year being reported.

Box 9

  • Is checked if the student was a graduate student in the year being reported.

Box 10

  • Is not applicable and is not used by eligible higher education institutions.

Seattle University does not send 1098-E forms because the university does not assess interest on balances owed by currently enrolled students.

However, students who received past Perkins or Nursing Loans while attending Seattle University, and made qualifying payments, will receive 1098-E forms from the university's servicer, Heartland ECSI.

As required by the IRS, those forms will be mailed by January 31st for the previous calendar year.  Students who believe they should have received a 1098-E Form and, by mid-February, have not, should contact Heartland ECSI at 1-888-549-3274.  Student borrowers can view the amount of interest they have paid by going online to the Heartland loan servicing website. SU's Heartland school code is WA3.

Per IRS guidelines, Seattle University does not issue 1098-T statements to non-degree seeking students taking courses through Professional and Continuing Education.

To determine your ability to deduct course expenses as profession-related deductions please consult with a tax professional.

For further assistance, please contact the IRS.

What does the 1098-T provide?

The 1098-T will list the total amount of qualified tuition and related expenses (QTRE) that you paid during the tax or calendar year (January 1, 2023- December 31, 2023), minus any refunds that you received back. This total value will be found calculated in “Box 1”. 

What period does this tax credit cover?

1098-Ts, which are available online for those opted-in electronically and/or mailed each year on or before January 31, are for the immediately preceding calendar year.

Is Seattle University an eligible institution?

Yes. Seattle University is an eligible institution of Higher Education recognized by the U.S. Department of Education and the IRS.

What is the impact of Winter Quarter on my 1098-T?

Please note that Seattle U’s Winter quarter is typically billed at the end of the calendar year and payments are often made after the new year (in the new tax year). For example: If Winter Quarter 24 was billed on 11/15/23, but no payment was received until 1/4/24, the amount paid will be counted in the 2024 1098-T.

Where can I find my 1098-T?

You can find an electronic version and a downloadable version of the 1098-T forms in your mySeattleU account (Student Account Center). By consenting to receive electronic forms you have 24/7 access to the 1098-T through the student account center.

Can Student Financial Services help me with my tax filing?

Please be aware that Student Financial Services Office staff members are not experts on tax return preparation and federal education tax benefits, so they cannot provide tax advice but can assist with general questions.