First-year and transfer resident students are assigned to Meal Plan A: 19 Meals per week. First-year students must remain on Meal Plan A for their first year. Transfer students can change their meal plan before the first Friday of the semester. Other resident students must select a meal plan before the first Friday of the semester or their prior plan will be renewed. Commuter students may also select a meal plan. For more information on purchasing a Meal Plan, please call 914.323.5395.
In previous years, your 1098-T included a figure in Box 2 that represented the Qualified Tuition and Related Expenses (QTRE) that was billed to your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of Qualified Tuition and Related Expenses (QTRE) you paid during the year.
Depending on your income (or your family’s income, if you are a dependent), whether you were considered full or half-time enrolled, and the amount of your qualified educational expenses for the year, you may be eligible for a federal education tax credit. (You can find detailed information about claiming education tax credits in IRS Publication 970, page 9.)
The dollar amounts reported on your Form 1098-T may assist you in completing IRS Form 8863 – the form used for calculating the education tax credits that a taxpayer may claim as part of your tax return.
Should you have questions, please contact an informed tax preparer or adviser.