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What it Costs to Go to QCC

 

1098T Information

 

The law requires schools to send this information to each taxpayer and to the IRS. However The IRS does not require taxpayers to submit 1098T forms when filing tax returns.


The 1098T forms are mailed to students, at their preferred address on record with Quinsigamond Community College, by the end of January.


For each calendar year, we report the dollar amount billed for qualified tuition and related expenses. This amount appears in box 2 of the 1098T form. We also report the total dollar amount of scholarships and grants, administered and processed by the school, in box 4 of the 1098T. These forms do not contain specific payment information.


Students and parents are advised to use personal financial records and consult professional tax advisors to determine the qualifying amount for tax purposes as the College cannot determine if a student qualifies for the tax credit or supply tax advice.
 

Frequently asked Questions Regarding 1098T Forms

  • What is the 1098T Tuition Statement and What semesters does it include?

    It is a statement of related tuition expenses in a calendar year and it includes the tuition and fee charges for the Intersession, spring, summer and fall semesters.
     
  • What is reported in Scholarships and Grants, Box 5?

    All scholarship and grant payments made to your account except Federal Direct Student Loans -- both unsubsidized and subsidized.
     
  • How can I find out what I was charged or paid in 2007 so I can do my taxes?

    Refer to your personal financial records or view your QCC student account on online by logging onto The Q, selecting "My Academics" tab at the top of the page and "View/Pay My Bill" to the right of the page. Make sure the correct semesters are selected
     
  • How can I get a duplicate?

    After February 1, 2008 students may request a duplicate 1098T statement by calling the Payment Center at (508) 854-4560 or by e-mailing businessoffice@qcc.mass.edu. Please make sure we have a correct address on our system and allow one week for processing.