What are the “Lifetime Learning” and “Hope” tax credits?
• How can I obtain the financial information required for the credits? Review your bursar bills and/or other documents. If you need copies of your bills, you may obtain them in one of the following ways: • Through Cornell Net.Pay • E-mail a request to the Office of the Bursar. Include your full name and student ID number. • I received a 1098-T form from Cornell; does that mean I am eligible for a tax credit? Not necessarily. there are many restrictions associated with the tax credits. Review the IRS Forms and Publications for guidance. • I am a foreign student; can I claim a credit? Generally, foreign students can not claim a credit. However, some foreign students may be eligible. Review the IRS Forms and Publications for guidance.
