Tax Credit: The Hope and Lifetime Learning Credits
Northern Illinois University is required by the Internal Revenue Service to provide every student with tax credit information on a 1098T form. These forms are issued to students in late January of each year. The 1098T provides the student/parent with information regarding qualified tuition and related expenses that will assist with individual tax preparation. We recommend consulting a trained tax professional to assist with any questions regarding eligibility or filing for this tax credit.
For additional information regarding these tax credits, view the Internal Revenue Service website. For questions relating specifically to information provided by NIU on your 1098T document, you may contact the NIU Office of the Bursar.
Please note, however, this office CANNOT provide any tax advice.
UPDATE: Due to technical difficulties, all students will not be able to view their 2008 1098T via electronic access (MyNIU). A paper copy was mailed to everyone that had eligible educational expenses.