Starting with the calendar year 2018, Form 1098-T will report the payments made for tuition and related expenses versus the amounts billed for tuition and related expenses. The 1098-T also reports financial aid awarded to students enrolled in courses at Cornell during the calendar year for which they receive academic credit.
The information reported on the 1098-T form helps students evaluate whether he or she is eligible for an education tax credit. For information on what is reported on this form, see the on the IRS website.
For other questions regarding the 1098-T form, contact the Office of the Bursar, or call (877) 821-0625.
Caution: Cornell can not act as an individual's tax adviser. This information is for general guidance ONLY.