From: Jody Paterson (patersj@slu.edu)
Date: Fri Jan 07 2000 - 16:55:07 EST
Thanks for everyone that responded to my inquiry about 1818 students. We
seem to have mixed opinions, and I think this is something that the IRS
has not specifically addressed yet. These students may not be eligible
for Hope because they are not admitted to a post secondary educational
program even if they are taking at least 6 hours (half-time). Eligible
payments must be for post secondary education for the Lifetime Learning
tax credit, but I don't think the student has to be degree seeking. It
appears that these students may be eligible for the Lifetime Learning
tax credit, but I have found no concrete proof of this.
I've decided to send 1098-T forms to the advance college credit students
and let them or their tax advisors make the determination about
eligibility. If anyone hears anything more about this topic, please
share with the list.
Thanks!
Jody Paterson, Bursar
Saint Louis University
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