Instructions For Forms 1098-E And 1098-T - 2014 (Page 4 of 4) in pdf

calendar year that relate to the payments received for

for the payment of the student's costs of attendance.

qualified tuition and related expenses during the same

Scholarships and grants generally include all payments

calendar year. The amount reported is not reduced by

received from 3rd parties (excluding family members and

scholarships and grants reported in box 5.

loan proceeds). This includes payments received from

governmental and private entities such as the Department

Box 2. Amounts Billed for Qualified Tuition and

of Veterans Affairs, the Department of Defense, civic, and

Related Expenses

religious organizations, and nonprofit entities. However,

see Exceptions, earlier.

If you use this method of reporting, enter the amounts

billed during the calendar year for qualified tuition and

Box 6. Adjustments to Scholarships or Grants

related expenses. The amount reported is the total

for a Prior Year

amount billed less any reductions in charges made during

the calendar year that relate to the amounts billed for

Enter the amount of any reduction to the amount of

qualified tuition and related expenses during the same

scholarships or grants that were reported for any prior

calendar year. The amount reported is not reduced by

year after 2002.

scholarships and grants reported in box 5.

Box 7. Checkbox for Amounts for an Academic

Box 3. Checkbox for Change of Reporting

Period Beginning in January through March of

Method

2015

Check this box if you have changed your method of

Check this box if any payments received, or amounts

reporting (payments received or amounts billed). You

billed, for qualified tuition and related expenses reported

have changed your method if the method you are using

for 2014 relate to an academic period that begins in

for 2014 is different than the method you used for 2013.

January through March of 2015.

In general, you must make a written submission to the

Box 8. Check if at Least Half-Time Student

IRS at least 3 months before the due date of the returns

Check this box if the student was at least a half-time

for the year of the change. To change your method of

student during any academic period that began in 2014. A

reporting for 2014, you must make the submission no later

half-time student is a student enrolled for at least half the

than November 28, 2014, if you file your returns on paper

full-time academic workload for the course of study the

(or December 31, 2014, if you file electronically). For

student is pursuing. Your institution's standard for a

additional requirements, see Rev. Proc. 2005-50, 2005-32

half-time student work load must equal or exceed the

I.R.B. 272 available at

standards established by the Department of Education

ar16.html.

under the Higher Education Act and set forth in 34 C.F.R.

section 674.2(b).

Box 4. Adjustments Made for a Prior Year

Payments received. Enter reimbursements or refunds of

Box 9. Check if a Graduate Student

qualified tuition and related expenses made during the

Check this box if the student was a graduate student. The

calendar year that relate to payments received that were

student is a graduate student if the student was enrolled in

reported for any prior year after 2002.

a program or programs leading to a graduate-level

degree, graduate-level certificate, or other recognized

Amounts billed. Enter any reductions in charges made

graduate-level educational credential.

for qualified tuition and related expenses made during the

calendar year that relate to amounts billed that were

Box 10. Insurance Contract Reimbursements or

reported for any prior year after 2002.

Refunds

Box 5. Scholarships or Grants

If you are an insurer, enter the total amount of

Enter the total amount of any scholarships or grants that

reimbursements or refunds of qualified tuition and related

you administered and processed during the calendar year

expenses that you made to the student during 2014.

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Instructions for Forms 1098-E and 1098-T (2014)

Instructions For Forms 1098-E And 1098-T - 2014 Page 4

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