Pacific University: Business Office
This section contains answers to Frequently Asked Questions. If there is a question that remains unanswered, please contact a Business Office Staff to further assist you.
Important Payment Information:
1098T TAX FORM INFORMATION
2012 1098T Tax Forms for eligible students have been mailed, as well as posted on BoxerOnline. If you are a graduate student and need to refresh your BoxerOnline login information, please contact the TIC at firstname.lastname@example.org or by phone: Main Campus (503) 352-1500 or HPC Campus: (503) 352-7243.
1098T TAX FORMS FAQ’s
What is a 1098T Tax Form?
This is a tax form that includes qualified tuition and fees; scholarships, grants and other third-party receipts (not including loans or payments from student or family members); indication of at least half-time status; indication if the student was a graduate student; all according to the date they were posted to the student’s account, within the calendar tax year.
Important note: Usually tuition charges and fees for the Spring semester are charged to the student’s account in the preceding November/December timeframe and therefore, are included in the tax form for the calendar tax year preceding the start date of the Spring semester, with Box 7 check-marked to indicate that a portion of the tuition charges and fees in Box 2, are for an academic period beginning January-March of the following year. However, Spring semester’s financial aid that would be reported in Box 5 -scholarships, grants and other third-party receipts (not including loans or payments from student or family members), does not post to the student’s account until after January 1st, therefore is reported on the following tax year’s 1098T form.
Additionally important to note: Educational institutions can report either in Box 1 (payments) or Box 2 (qualified tuition and fees), but not both. Pacific University has always reported the Box 2 method, therefore, please understand that payments you make to your account are not reported by the University. If you file your tax return based on what you paid for qualified tuition and fees, the University’s 1098T tax form does not include that information and your supporting documentation for your payments would include, but not limited to, your payment receipts, the student account statement or otherwise. For questions regarding a student account, please contact our Student Account Coordinator, Ben Bateman at email@example.com.
To clarify information recorded on your 1098T Tax Form, or if you did not receive the form (and are eligible to receive one), you may send your inquiry via email to the 1098T Tax Form Email Hotline at firstname.lastname@example.org or call the 1098T Tax Form Hotline (503) 352-3198, which is a voice mailbox (VM). Include your name, phone number, student ID or SSN and your question, so that research can be done prior to responding. If you are a parent calling on behalf of your student, you will have to be pre-authorized on the Business Office’s Student Contract Form. The email and VM will be checked periodically and a response provided as soon as possible.
For all other 1098T tax questions, please consult your tax preparer. Pacific University cannot legally give you advice about your taxes.
Why would I not receive a 1098T Tax Form?
Potential reasons for not receiving a 1098T Tax form:
For additional information, including specific instructions for the 1098T form and Publication 970 – Tax Benefits for Education, please visit http://www.irs.gov