Payment and Billing Information - Hofstra University

Form 1098-T Tuition Statement

All colleges and universities are required to issue Form 1098-T statement to assist the IRS and the taxpayer in determining if they are eligible to claim an Education Tax Credit. This is an informational form prepared by the University for all students with reportable transactions for a given calendar year.

1098-T statements are generated in January and become available on your student account portal by January 31.

For more information on Form 1098-T, visit Hofstra.edu/1098T.

1098-T Statement

Sample

Important Notes

Credits and Anticipated Credits

• Students receiving financial aid must accept their Financial Aid Award for financial aid to appear on their account; financial aid will not be disbursed or listed as Credits or Anticipated Credits if the financial aid file is incomplete

• The billing statement reflects credit for one semester’s portion of the financial aid awarded

• Anticipated Loans and Scholarships will appear under Credits and Anticipated Credits on your account.

• If you are enrolled in a payment plan, future payment plan payments are shown here.

Questions regarding Financial Aid should be directed to the Student Financial Services Suite at 516-463-8000 or sfs@hofstra.edu.

Outside or Third-Party Scholarships

All outside scholarships and awards from a third-party organization or agency must be reported to the Office of the Bursar – Third-Party Payment Office prior to the due date of your bill. Please view our checklist for important information that will help expedite the proper posting to your account. All questions can be sent to Bursar3rdParty@hofstra.edu.

For more information, please visit hofstra.edu/outsidescholarships

Tuition Refund Insurance

Have you considered protecting your college investment? To protect your investment and help minimize financial losses due to a medical withdrawal, through A.W.G. Dewar, you may elect optional tuition refund insurance to cover tuition costs only. For more information, visit hofstra.edu/tuitioninsurance