Box 1 is used for institutions who report on the amount paid by students. The University of North Florida does not report on amounts you paid, so box #1 will be blank on the form you receive from the University. You should keep your receipts and claim on your tax return the amount you paid out-of-pocket towards qualified educational expenses.
Box 2 reports the amount of qualified tuition and related expenses that were assessed to your account during the 2017 calendar year. The amount of tuition and fees will be reduced by any waivers or exemptions you received. The figure reported here is the amount the University assessed you for these fees and does not necessarily represent the amount you paid toward qualified expenses during this tax year. You should keep your receipts and claim on your tax return the amount you paid out-of-pocket towards qualified educational expenses.
Box 3 reports on whether or not the University has changed its reporting method. We have not made any reporting changes.
Box 4 reports on any adjustments made during the 2017 tax year for qualified tuition and related expenses that were reported on a prior year 1098T. If you registered for 15 credit hours for spring 2017 (in 2016) and dropped a course in 2017, that would be an adjustment. For most students this box will be blank.
Box 5 reports the amount of grants, third party sponsorships
and scholarships you received during the 2017 calendar year.
Box 6 reports the amount of any adjustments made during the 2017 tax year for grants, waivers and scholarships you received in a prior tax year.
Box 7 is checked to notify you and the IRS that some of the amount indicated in Box 2 relates to a semester that begins in the first quarter of 2018.
Box 8 will be checked if you were enrolled at least half-time for one semester.
Box 9 will be checked if you are a graduate student. This will identify you as already having a bachelor’s degree.