Welcome to International Business College

Consumer Information

At International Business College, we want you to make an informed decision to attend our school. Many government agencies mandate that colleges provide various types of consumer information to the students, prospective students, and (in some cases) the general public. We take pride in providing you not only the information required by federal and state laws, but also additional useful information and disclosures on various aspects of our school. Therefore, we have gathered this material by category into a number of detailed web pages that are linked below. Of course, if you need more information or explanations, our staff is ready to help. Please contact the appropriate campus office or School Director’s Office for assistance with any of this information.

Of course, if you need more information or explanations, our staff is ready to help. Please contact the appropriate campus office or School Director’s Office for assistance with any of this information.

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Tax Benefits for Education

Paying for college can be a challenge and we want you to take every advantage accessible to you for the financial commitment you have made. The federal government offers several income tax benefits for education costs. These are available to students and parents who paid tuition at a post-secondary school in the tax year, subject to IRS rules

International Business College will report annually to the IRS the amount of tuition paid under the government formula during the tax year. A 1098-T form will be mailed to your permanent address as long as you have a valid social security number on file.

The 1098-T, along with your copy of your International Business College billing statements, should be used by your tax preparer to determine your eligibility for a tax credit. Because each taxpayer’s circumstances vary, we cannot provide tax advice or assistance related to the credit or how to claim the credit but will be here to assist you in locating helpful resources, especially if you file your tax return on your own.

As required by law, your 1098-T statement will be mailed by January 31st of the following year.

Related Links:

Tax Benefits for Education

Internal Revenue Service (IRS)

To request a tax transcript from the IRS

Financial Aid Glossary