Carroll University
Campus Information > Business Office > 1098-T
Campus Directory
Campus Map
Public Safety
Business Office
  Undergraduate Fees
  Graduate Fees
  Financial Responsibility
  Payment Methods
  Convenience Fees
  Late Fees
  Payment Schedule
  Student Health Insurance
  Campus Employment
  Withdrawal Policy
  Check Cashing Policy
Construction Projects
Employment Opportunities
Social Media at Carroll
Directions to Campus
Hotel Accommodations

Year-end 1098-T

Each year in January, Carroll University prepares IRS Form 1098-T for all eligible students. This form contains information that may be used to claim an education tax credit.

Education Credits

Form 1098-T reports information regarding students enrolled in postsecondary education as mandated by the federal government. This form is also submitted to the Internal Revenue Service.

For information regarding the education tax credits, please visit the IRS web site at You may also wish to consult your tax preparer.

Please note: Amounts paid for books, supplies and equipment are not included in the totals listed in Box 2 or Box 4 of the 1098-T Form.

Specific Information Related to Carroll University

What is an academic term?

Each of the following is considered an academic term at Carroll

  • Fall Semester
  • Spring Semester
  • Summer (all three sessions make up one term)

What is considered "at least half-time" enrollment?

Carroll considers a student who enrolls for at least six (6) credits in an academic term to be enrolled "at least half-time."

How are payments applied to a Carroll student account?

Amounts are credited to a student account in the following manner:

  1. Financial Aid, in the form of grants and scholarships, is credited to a studentís account first and will be applied in the following order:
    • Tuition
      Program fees: (Nursing Program fee, Physical Therapy Professional Phase fee, Professional Liability fee, Applied Music fee, Course fee, NCEP Admin fee, Off Campus Admin fee, Athletic Training Program fee, Physician Assistant Program fee, Physiology Program fee, Graphic Communication Program fee, Software Engineering Program fee, Occupational Therapy Program fee, and Study Abroad fee.)
    • Other fees: (Comprehensive fee, Activity fee, Completion fee)
    • Board fees
    • Room fees
  2. Cash payments (other than student loans) are first applied to fines and incidental charges.
  3. All remaining cash payments and loan proceeds are applied to any remaining charges in the following order:
    • Tuition
    • Program fees
    • Other fees
    • Board fees
    • Room fees

 Copyright © 2015 Carroll University, Waukesha, Wisconsin. All rights reserved. Top of Page