Tax Benefits and Savings Options
The Internal Revenue Service (IRS) requires all educational institutions, such as colleges and universities, to issue a Tuition Statement (Form 1098-T) to its enrolled students at the end of each calendar year. These forms must be mailed out by January 31 of the new year and contain the following information:
- Total amounts billed for PSU qualified educational expenses. The IRS allows the educational institution to decide whether to report the total amounts billed or total payments received. PSU, as well as the entire USNH system, have opted to report total amounts billed. We are, therefore, not required to report the amounts paid.
- Total Scholarships and grants
- Prior year adjustments to the above items.
For clarification of qualified educational expenses and additional information about these reporting requirements, please visit the IRS website (www.irs.gov).
You can also access your 1098-T by logging on to myPlymouth and following this click path:
- Go to the Services Tab.
- Find the Self Service channel and click on Student & Financial Aid.
- Click on Student & Bursar Records.
- Click on Tax Notification.
- Enter the tax year you want to view.
Download this PDF for information on your Tax Benefits and Savings Options. The document, published by the National Association of College and University Business Officers (NACUBO), provides information on tax credits, deductions, and tax incentives to save for college.
Address Corrections
To make address corrections to your 1098-T form, please visit the Vangent TRA Services web site and click on the First Time Students link.
Note: Payments must be received by Student Account Services by December 30 if they are to be included on the Financial Detail Page mailed to students with the 1098-T.
Study Abroad
Form 1098-T is an American Tax Form. Foreign Universities may not provide a 1098-T. Students will need to contact their Study Abroad Provider directly to see if any tax information will be provided.








