Tax Information

Please Note:

• New! Students may also view & print 1098-T forms online through Vangent (KSC's 1098-T vendor). To do so:
  1. Go to the Vangent TRA Service website.
  2. Click on the "First Time Students" button.
  3. Complete the Registration steps to create your account.
• For assistance creating or accessing your account, you may visit Vangent's Student Help page or call their TRA Services Help Desk at 800-223-0043.

A Notice to KSC Students Regarding Tax Credits

Due to the passage of the Taxpayer Relief Act of 1997, many taxpayers are now able to claim tax credits for higher education costs through the Lifetime Learning Credit or the American Opportunity Tax Credit.

Eligibility for these tax credits is affected by family adjusted gross income, amounts of qualified educational charges paid, and enrollment status.

Only payments made for the appropriate tax (calendar) year for qualified educational charges will be eligible for tax credits on your current year tax forms. For example: only payments made in calendar year 2011 may be used when filing 2011 taxes.

Qualified educational charges include tuition, course fees, enrollment fees, and technology fees. We understand that room, meal plan, and a portion of mandatory fees expenses are not qualifying charges for these tax credits. The College does not provide personal tax advice. We suggest you contact a qualified tax advisor if you need additional information.

What you will receive

• 1098-T Form - In late January 1098-T forms are mailed to students' permanent mailing addresses. These forms show enrollment status, eligible charges billed, and scholarships or grants processed in the applicable tax year. A copy of this information is also sent to the Internal Revenue Service. Please be sure that your permanent mailing address is up-to-date so that you can receive your 1098-T form.
• Financial Detail Page - The reverse side of the 1098-T form will show financial details from your student account for the applicable tax year. It will show qualified educational charges, as well as a summary of payments, grants, scholarships, loans, and refunds applied to your account during the tax year. These financial details are for your use and will NOT be sent to the Internal Revenue Service.

Related Links
Internal Revenue Service
IRS - Tax Information for Students
IRS - Tax Information for Parents
IRS - Tax Benefits for Education