Student Accounts

Student Accounts

• Baxley Hall 127
  100 Chanticleer Drive East
  Conway, S.C. 29526
• 843-349-2159
  843-349-2882 (fax)
• studentaccounts@coastal.edu
• Mailing Address
  P.O. Box 261954
  Conway, S.C. 29528-6054
• Office Hours
  Monday-Friday, 8 a.m.-5 p.m.

Important Tax Information

What is Coastal Carolina University's Tax Identification Number?
#57-0977955

1098-T Tax Reporting Information
Forms 1098-T are available on January 31 to students who meet the IRS reporting requirements. Forms can be accessed through WebAdvisor.

What is Form 1098-T?
The IRS requires Coastal Carolina University to report, both to the student and the IRS, certain summary financial information for students who meet IRS reporting criteria. This information is provided to assist students in determining their eligibility for certain educational tax credits. This includes the following payments for transactions posted to student accounts:

• Tuition and qualified fees
• Total amount of any scholarships or grants processed during the calendar year for payment of the student’s costs of attendance. Transmitted grants and scholarships, include:
  • CCU administered grants and scholarships 
  • External/private scholarships
  • Third party payments made by sponsors billed by the University on behalf of the student

Coastal Carolina University reports payments received for qualified tuition and related expenses during the calendar year. The amount reported is the total amount of payments received less any reimbursements or refunds made during the calendar year that relate to the payments received for qualified tuition and related expenses for the same calendar year.

Receipt of a Form 1098-T does not establish eligibility for certain educational tax credits. Students should consult a tax advisor to determine eligibility.

What are the IRS reporting criteria?
The IRS requires Coastal Carolina University to provide 1098-T data for any enrolled student for whom a reportable transaction is made. The following exceptions apply:

• Students who are not U.S. citizens or who do not have permanent resident alien status.
• Students whose qualified tuition and related expenses are entirely waived or paid entirely with scholarships.
• Courses for which no academic credit is offered, even if the student is otherwise enrolled in a degree program.

What resources are available to me to determine my eligibility for certain tax credits?

Federal and State Tax Credits are available for certain education expenses paid. Please contact a tax professional to determine if you qualify for these benefits. Coastal Carolina University cannot provide tax advice. Visit one of the following websites to learn more about these tax benefits:

• IRS Publication 970 - Educational Tax Benefits
• IRS Tax Information for Students
• South Carolina Department of Revenue Tuition Tax Credit**

**   South Carolina has increased the college tuition tax credit. To help ease the financial burden for South Carolina college students and their families, the South Carolina General Assembly has recently increased its income tax credit for eligible students for tuition paid to South Carolina colleges and universities. This enhanced tax credit is now in effect for currently enrolled students who meet the statutory eligibility.