Box 1—The total payments from any source received and applied by an eligible educational institution in 2018 for ‘qualified tuition and related expenses’ less any reimbursements or refunds made during 2018 that relate to payments received during 2018. Payments in Box 1 include all your personal payments, as well as loans, scholarships, grants, third-party payments, tuition remission, waivers, and other adjustments to qualified tuition and related expenses. The total of payments listed will be limited by the total amount of Qualified Tuition and Related Expenses billed during the 2018 calendar year.
Box 2—Reserved as blank. Due to the change to institutional reporting requirements under federal law, beginning with tax year 2018, the amount of payments paid and applied toward qualified tuition and related expenses during the calendar will be reported in Box 1.
Box 3—Designates whether the college or university changed its method of reporting for 2018. This box will be checked for 2018 as the reporting method change was subscribed by IRS regulation for all colleges and universities.
Box 4— Per the IRS, this box will be blank for 2018 as 2018 is the first year the College has reported payments but this box may be populated in future calendar years. This box includes the amount(s) of any adjustment(s) made for prior-year payments received and/or qualified tuition and related expenses that were reported on a prior-year Form 1098-T.
Box 5—Includes the total of all scholarships, grants, and awards administered and processed by the College.
Box 6—The amount of any adjustments made in 2018 to prior-year scholarships, grants, and awards that were reported on a prior year Form 1098-T.
Box 7—Will be checked if the amount in Box 1 (total payments) includes amounts for an academic period beginning January–March 2019. See the IRS Pub 970 for how to report these amounts.
Box 8—Indicates whether you are considered to be carrying at least one-half the normal full-time workload for your course of study at Manhattan College.
Box 9—Indicates whether you are considered to be enrolled in a program leading to a graduate degree, graduate-level certificate, or other recognized graduate-level educational credential during any of the semesters included in the 2018 year reporting.
Box 10—Will always be blank on any 1098-T form you receive from Manhattan College