The Business Office
The Business Office is responsible for the university’s accounts receivable system, or, money owed to the University of St. Thomas. We provide services to students, faculty, and staff including maintaining student accounts, preparing monthly billing statements, receiving payments, counseling on tuition repayment, disbursement of student loan funds, and processing departmental account deposits. This website details these and other services provided.
The Business Office supports the operation and overall mission of the University by accurately accounting for and efficiently collecting funds due for services provided to the St. Thomas community. We ensure sound fiscal responsibility by acting in accordance with the policies and procedures of the University while providing knowledgeable, courteous and respectful customer service.
|IRS Form 1098-T:||
The official 1098-T information for 2018 is available for review in Murphy Online as of January 30, 2019. An eligible student (or proxy) can locate the form by following the path:
|New for 2018:||
In previous years, your 1098-T included a figure in Box 2 that represented the qualified tuition and related expenses (QTRE) the University of St. Thomas billed your student account for the calendar (tax) year. Due to a change to institutional reporting requirements under federal law, beginning with tax year 2018, we will report in Box 1 the amount of payments received for qualified tuition and related expenses during the calendar (tax year) 2018.
The payments amount in Box 1 includes payments made by you and/or third parties, loans, and scholarships and grants applied to your student account; however, the amount is limited to your QTRE and has been reduced by refunds disbursed (if applicable.) For more information please review the 1098-T page in Murphy Online.