Office of Student Financial Services

1098-T FORMS & TAX REPORTING

Every year in late January, The Student Financial Services Office prepares 1098-T forms for tax reporting purposes. Students (both current and non-current) can access their 1098-T form on Banner Self Service after logging in by clicking "Student," followed by "Student Account," and followed by "View 1098-T Information." A paper copy is also mailed out to the address on file for each individual receiving a form. Students can access current and previous 1098-T forms on Banner Self Service at any time.

MCLA 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. You may also visit the IRS website for more information. If you need copies of tuition statements to help you complete your taxes, please contact Student Fiancial Services at 413.662.5230 or at StudentAccounts@mcla.edu.

Please see below for the two most common items reported on the 1098-T form:

Box 1: The amount in Box 1 of the 1098-T form shows the amount the student paid toward qualifying tuition and fees during the reporting year. The qualifying fees include:

  • Tuition
  • Campus Support Fee
  • Student Activity Fee
  • Capital Improvement Fee
  • Technology Fee
  • Wellness Fee

Other charges, such as room charges, meal plans, health insurance, and fines, are not considered qualifying educational expenses and are not reported in Box 1 of the 1098-T.

Box 5: The amount in Box 5 of the 1098-T form shows the amount of scholarships and grants received during the reporting year.