Bursar FAQ

  • 1098-T Tax Form FAQ
    • What is the 1098-T form?

      The 1098-T form entitled “Tuition Statement” is used by eligible educational institutions to report information to the IRS as required by the Taxpayer Relief Act of 1997. The information is provided to assist Students/Taxpayers in preparing the IRS FORM 8863, which is used to claim the American Opportunity or Lifetime Learning Credits. 

      While it is a good starting point, the 1098-T, as designed and regulated by the IRS, does not contain all of the information needed to claim a tax credit. To determine the amount of qualified tuition and fees paid, and the amount of scholarships and grants received, a taxpayer should use their own financial records. Also, there is no IRS requirement that you must claim the tuition deduction or an education credit. 

      What should I do if I cannot access my 1098-T?
      If you cannot access your document, please email our IT support team at support@frontier.edu for assistance.  

      What do the amounts located on the form represent?
      UPDATE: Starting in tax year 2018, due to IRS legislation that changed Form 1098-T reporting requirements, Frontier Nursing University will report payments received for qualified tuition and related expenses in Box 1. Prior to 2018, IRS allowed reporting in Box 1 payments received, OR in Box 2 amounts billed for qualified tuition and related expenses. Box 2 will no longer be used and will be blank on the form.

      Box 1: Reports amounts paid for qualified tuition and related expenses (QTRE) in a calendar year. This includes tuition and required fees such as the technology and lab fees. Payments for Frontier/Clinical Bound (room/board), incomplete or late fees are not considered QTRE by the IRS and will not be reflected on the form.

      Box 2: Beginning in 2018, this box will be blank and no longer used.

      Box 4: Adjustments made for a prior year: The amount in this box is the total of all reductions for qualified tuition and related expenses billed in a prior year. 

      Box 5: Scholarships or grants: This box contains the sum of all scholarships FNU administered and processed for the student’s account during the calendar year. Also, scholarship payments received from third parties that are applied to a student’s account for education expenses are included in this box. Please note that you may receive additional scholarships that the University does not administer and process. These should also be taken into consideration when determining your eligibility for the credits.

      Box 6: Adjustments to scholarships or grants for a prior year: Negative adjustments to scholarship amounts reported in a previous year are included in this box.

      Where can I get help?
      Questions should be directed to the IRS or to your tax professional.  FNU representatives cannot offer legal or tax advice.  Information concerning the tax benefits for education is available in the IRS Publication 970.

      Additional Resources
      IRS Website – Tax Information for Students
      Call (800) TAX1040 or (800) TAXFORM
      IRS Form 8863 Instructions for Education Credits
      IRS Form 1040 Instructions
      IRS Information on American Opportunity Credit
      IRS Information on Life time Learning Credit

  • Frontier’s Enhanced Student Payment System
    •  

      When will the new payment system be ready for students to use? 
      Now!  You be directed to our enhanced payment system automatically when you pay your bill. 

      Will students need to re-register their accounts or take any additional steps to access the new payment system? 
      Not at all. The transition to our new payment processor will be seamless for our students. 

       Is the new system secure? 
      Yes. Frontier’s new payment portal uses a cloud-based billing and payments platform that serves more than 2,200 billers and financial institutions and processes more than 450 million payments annually, using industry best practices. 

      What additional payment options are available? 

            1. Digital Wallets: Our new payment portal allows for the use of (Apple Pay, Google Pay, and PayPal). 

            2. American Express (AmEx):  We now accept American Express credit card payments on the portal.   

            3. Payment Scheduling: Enjoy the convenience of scheduling a one-time payment in advance. Please keep payment deadlines in mind when selecting the Pay Later option. 

            4. Pay one bill using multiple payment methods:  The new payment system allows a single bill to be paid using more than one    payment source. In order to use multiple payment methods, you must make multiple transactions.  

      How will students receive payment confirmation? 
      Students will receive confirmation on screen once the payment has been processed. Additionally, confirmation will be sent to the email address entered. 

      Who do students contact for more information or for payment assistance? 
      Please email bursar@frontier.edu