1098-E Tax Form
1098-E Tax Form
1098-E, Student Loan Interest Statement
If you made federal student loan payments in 2020, you may be eligible to deduct a portion of the interest you paid on your 2020 federal tax return.
1098-T, Tuition Statement
The 1098-T, Tuition Statement form reports tuition expenses you paid for college tuition that might entitle you to an adjustment to income or a tax credit.
Student Loan Servicer
Your student loan servicer (who you make payments to) will send you a copy of your 1098-E via email or postal mail if the interest you paid in 2020 met or exceeded $600.
- Even if you didn't receive a 1098-E from your servicer, you can download your 1098-E from your loan servicer's website.
- If you are unsure who your loan servicer is, log in to StudentAid.gov or call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243; TTY 1-800-730-8913).
- Note: If you had multiple loan servicers in 2020, you will receive a separate 1098-E from each servicer.
The IRS provides tax benefits for education. They can be used on tuition or loan interest or to maximize your college savings.
A list of Federal Student Aid servicers for the Direct Loan Program and for FFEL Program Loans purchased by the U.S. Department of Education is available on our Loan Servicer page.
For more information about student loan interest deduction, visit the IRS's Tax Benefits for Education: Information Center.
The 1098-T, Tuition Statement form reports tuition expenses you paid for college tuition that might entitle you to an adjustment to income or a tax credit. Information on the 1098-T is available from the IRS at Form 1098-T, Tuition Statement.