1098-T Tuition Statements
Empire State College is required to send 1098-T, tuition statements, to all students who meet the criteria set by the Internal Revenue Service. This form reports the amounts billed for qualifying tuition and related expenses, as well as grants and scholarships posted to your account in the calendar year. The information on the 1098-T is provided to assist students with filing for the education tax benefits/tax credit deductions, such as the American Opportunity and Lifetime Learning Tax Credits. Not all students who receive a 1098-T are eligible to claim a deduction or credit.
For more information, visit the IRS website and search for Publication 970, Tax Benefits for Education.
Some important reminders about the 1098-T:
- Forms are mailed by Jan. 31, from ECSI, the company chosen by State University of New York administration. You may expect to receive your form by early February. Your 1098-T will contain login instructions to use at ECSI's site. If you do not receive, or lose your 1098-T, you may visit ECSI's Login Credentials Retrieval page to gain access to your information online. ESC's school code is TB. You also may reach ECSI by phone at 866-428-1098 or by email at firstname.lastname@example.org.
- Your 1098-T tax form reports the amounts billed to your account in the calendar year, and is for your information only. Unlike a W-2, for example, you may find that you do not enter the exact amounts from the 1098-T onto your tax return. Figures entered on your tax return are amounts that you have paid for qualifying tuition and related expenses.
- The college is not required to issue you a form if your qualified tuition and related expenses are entirely waived or entirely paid with grants or scholarships, or if your qualified tuition and related expenses are paid via an agreement between your sponsor and the college.
- The State University of New York, Empire State College federal ID number reported on the 1098-T form is 16-1514621.
Empire State College cannot provide you with tax advice. Use your 1098-T Tuition Statement as a guide for claiming any tax credits and/or deductions for which you may be eligible.