Re: 1098T again

From: Jonee Daniels (Danielsj@gwmail.utk.edu)
Date: Fri Apr 04 2003 - 07:43:24 EST

  • Next message: Bruce Forinash: "Re: 1098T again"

    Patricia
    My answers are in CAPS

    Jonee Daniels-Lindstrom
    Bursar
    211 Student Services Bldg
    Knoxville, TN 37996-0225
    865-974-4495
    865-974-1945 (fax)
    danielsj@utk.edu

    >>> Patricia Hayes <hayespb@bc.edu> 04/03/03 04:14PM >>>

    Like most of you, Boston College is in the process of making changes to be
    in compliance with next year s reporting for the infamous 1098T. I would
    appreciate any response to a few questions.

    1. Are you planning to report billed charges or
    payments? Why?
    BILLED, OUR SYSTEM IS AN A/R SYSTEM AND COMBINES ALL CHARGES INTO ONE A/R

    2. How are you planning to handle changes after the
    semester is over, but during the same academic year?
    WE ARE ATTEMPTING TO TRACK THEM AND REPORT THEM THE NEXT TAX YEAR
    3. What is your definition of financial aid? Do you plan
    to report stipends, scholarships, grants?
    ALL TITLE IV, SCHOLARSHIPS, GRANTS, FELLOWSHIPS AND INTERNAL AID.
    HOPE THAT IS HELPFUL.

    Thanks for your time.

    Patricia Hayes

    Patricia N. Hayes

    Assist. Dir. of Student Accounts

    and Parking

    (617) 552-3369



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