For more information regarding your 1098-T statement, please visit the ECSI Student Tax Information website .
An electronic copy of the 1098-T statement may be available online. To access your electronic statement, please follow the prompts at the link below:
To contact ECSI directly, please visit their Contact Us page:
An unofficial copy of your 1098-T form can be viewed through Banner Self Service.
Frequently Asked Questions
What is a Form 1098-T and why do I need one?
All eligible educational institutions must file a Form 1098-T to report information to the Internal Revenue Service (IRS) for each qualifying student for whom a reportable transaction is made during the calendar tax year. The 1098-T form that you received is for your use in preparing your federal income tax return. Please note that your 1098-T form may not provide all of the information you need to determine eligibility for tax credits and deductions. Eligibility for any tax benefit depends upon your individual facts and circumstances and the College cannot provide you with any tax advice.
How do I get my 1098-T Form?
If you did not opt-in to receive your 1098T form electronically, one will be mailed to your permanent address on file with Oberlin College and you may retrieve it online.
Why is there not an amount in Box 1?
The IRS gives the option of either reporting amounts billed or total payments received. Oberlin has elected to report total amounts billed for qualified tuition and related expenses during the calendar year in Box 2.
What is included in Box 2?
Box 2 reflects amounts billed for qualified tuition and mandatory fees during the calendar year. Per the IRS, related expenses do not include room and board.
What amounts are included in Box 5, “Scholarship and grants”?
This represents the total of all scholarships or grants received and processed for the calendar year.
Do I need to report my scholarships as taxable income?
Scholarships that pay for qualified tuition and related expenses are not taxable to the student. However, if any portion of your scholarships paid for nonqualified expenses (i.e. room and board), then you may be responsible for reporting that portion as taxable income on your tax return. For further guidance, please see IRS Publication 970, Tax Benefits for Education.
Why did I not receive a Form 1098-T?
Oberlin College is not required to file Form 1098-T or furnish a statement for:
- Students whose scholarship and or grants (Box 5) exceeds the billed amount (Box 2).
- International students who are not U.S. residents.
- Oberlin College does not have your Social Security Number - this information is required for Form 1098-T reporting (make sure you provide us with this information).
- If your address on record is out-of-date, your Form 1098-T may have been returned.
I don’t know if I qualify for any of the credits. How do I find out?For more detailed information please visit the IRS website to obtain Publication 970 (Tax Benefits for Education)/Form 8863 (Education Credits) or consult with a professional tax practitioner.