Tax Information

Tax Credit 1098T Information 

Per IRS regulations, BSC makes 1098-T information available to students by January 31 of each year for the previous calendar year either online through Campus Connection or postmarked by January 31st.

** Please note, as mandated by the Internal Revenue Service, Bismarck State College has changed the reporting method on 1098-T forms to report amounts paid (Box 1) for qualified tuition and related expenses in the calendar year, rather than amounts billed (Box 2). Please consult your tax professional if you have questions about this change. BSC Student Finance is unable to provide tax advice to students and families.

Social Security Number

BSC is required to obtain an accurate Social Security number for every student which is submitted with the 1098-T. If BSC contacts you through mail or you have a checklist item on your Campus Connection Self Service requesting a Social Security number or a corrected Social Security number please submit required information per the directions received. 1098-T information submitted to the IRS without a Social Security number may be subject to fines/penalties by the IRS and possible audit.

If you do not currently have a Student Identification Number (Social Security Number (SSN) or Individual Student Identification Number (ITIN)) on file with BSC please complete the Taxpayer Identification Number Request Form no later than the last week of January for proper submittal to the IRS. 
 
Social Security Numbers (SSN) are masked on the 1098-T and only the last four digits will print. The full SSN will be reported to the IRS.

1098-T Tax Information

1098-T tax information is provided to the BSC student. Only the student can change their address or obtain the 1098-T in Campus Connection. Information or questions relating to the information on the 1098T will only be provided or discussed with the BSC Student who is the holder of the account at any time.

Frequently Asked Questions

How do I obtain my 1098T online?

Go to your Student Center on Campus Connection, look for 1098-T and go through the Grant Consent process.

Once consent has been granted, BSC will no longer mail a paper 1098-T to the student. Documents will only be available online through Campus Connection. If consent was granted in a prior tax year, no action is needed to continue to receive an electronic form.

There are several benefits to granting consent to view your 1098T online:
  • Reduced printing saves paper, which is a Green Initiative.  (Printing your 1098-T from Campus Connection is the student’s option and not required by the IRS.)
  • Incorrect addresses on 1098-Ts will result in lost mail

If I don't Grant Consent when and where will I receive my 1098-T?

Students who do not Go Green by granting consent to view/print the 1098-T online will receive a printed form at their Mailing/Home address listed in Campus Connection under Student Center, Personal Information with a postmark no later than January 31. Check and update your address prior to the second Thursday of January to ensure accurate delivery.

What if I didn't receive my mailed 1098-T, lost it or threw it away?

1098T information will not be provided over the phone or in any other format.

A duplicate 1098-T will not be mailed after the initial mailing. Students can access the 1098-T online:
           1. Log into Campus Connection
           2. Select "View 1098-T Info."
           3. Select the preferred tax year.
           4. Print the form.

Explanation of Form 1098-T

BSC can only speak directly with the student regarding the student account/and or the 1098-T tax form.  BSC may not provide tax advice. For questions on how to use the 1098-T, please consult your tax advisor or see the IRS Publication 970 and IRS Form 8863.

Box 1: This box reports the total amount paid in the calendar year equivalent to the total qualified tuition and related fees less any qualified waivers. This includes any type of payment made on the student account (i.e. Personal payment, Financial Aid loans, grants, scholarships, Third Party and 529 Trust payments).  

Qualified Tuition and Related Fees from the Student Account
Included Not Included
⇒ Tuition & Mandatory Student Fees:
  • BSC Student Fees
  • BSC Technology Fee
  • NDSA Fee
  • Connect ND Fee
⇒ Program Fees
⇒ ​Course or Class Fees




 
⇒ Housing Charges
  • Resident Hall Charges
  • Mystic Marketplace Charges
  • Meal Plans
  • Miscellaneous Charges
⇒ Bookstore Charges
⇒ Application Fees
⇒ ID Card Charges
⇒ Parking Permits & Citations
⇒ Late Payment Fees
⇒ Study Abroad Program Costs (non-tuition)
⇒ International Health Insurance



















Box 2:  Not used per IRS, effective calendar year 2018.

Box 4: This box reports any reduction made during the calendar year to qualified tuition and related fees reported in Box 1 on a prior year Form 1098-T. This amount may reduce any allowable education credit claimed for the prior year. 

Box 5: This box reports the total of all scholarships, grants, or additional third party billings administered and processed through BSC. The amount of scholarships or grants for the calendar year may reduce the amount of any allowable tuition and fees deduction or education credit that is claimed for the year. Scholarships and grants generally include all payments received from a third party (excluding personal family members and loan proceeds). This includes payments received from governmental and private entities such as the Department of Defense, civic, religious, and nonprofit entities. 

Box 6: This box reports any reduction made during the calendar year to scholarships or grants on a prior year Form 1098-T. This amount may affect the amount of any allowable tuition and fees deduction or the education credit you may claim for the prior year. 

Box 8:This box reports whether the student was considered to be carrying at least one-half the normal full-time workload for your course of study at BSC. If the student is at least a one-half time student for one academic period that begins during the year, the box will be checked.

Box 9:This box reports whether the student is considered to be enrolled in a program leading to a graduate degree, graduate-level certificate, or other recognized graduate-level educational credential. 

What if I have questions about my 1098-T?

If you have questions about what you are seeing on your 1098-T, you can contact the Student Finance office at 701-224-5706 or 701-224-5533. You can also email bsc.studentfinance@bismarckstate.edu defining what you are questioning. Please provide a daytime phone number on the email.

What if I need a copy my BSC Bookstore purchases?

It is up to the student to maintain receipts for books, supplies, etc. These receipts are not available at a later date, the same concept as a purchase at another store or business.

Other Links

  • Information from the IRS on IRA Publication 970, Tax Benefits for Higher Education, and Publication 520, Scholarships and fellowships, are available from the IRS Web Site  http://www.irs.gov/taxtopics/tc421.html or by calling #1-800-TAX-FORM.
  • For information from the U.S. Department of Education go to: http://www.ed.gov/index.jsp For more information contact your tax person.
  • Canadian Tax Information: Canadian students may bring any Canadian tax forms directly to Student Account Services for completion. The student can obtain these forms from their tax person or go to: http://www.ccra-adrc.gc.ca/formspubs/menu-e.html