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News and Events
News
Events

May 24 2013

NYIT Student Architects Present Project to Morgan Library Officials

May 20 2013

NYIT College of Osteopathic Medicine Celebrates Hooding of 284 Graduates

May 19 2013

NYIT Salutes the Class of 2013 at its 52nd Commencement

May 17 2013

NYIT’s Physician Assistant Graduates Celebrate at White Coat Ceremony

May 13 2013

Energy Conference 2013: Preparing for Climate Change

May 29 2013

Catering & Dining Job Fair

May 29 2013

Transfer Enrollment Days

May 30 2013

Transfer Enrollment Days

May 30 2013

New Jersey Collegiate Career Day

May 31 2013

NYIT-Vancouver Graduation Ceremony

Federal Tax Information
One of the Higher Education Opportunity Act’s (HEOA) required disclosures is to share federal tax educational credit information with students. The Taxpayer Relief Act of 1997 created several new tax benefits for families to assist with college expenses. We encourage the tax filer to consult a qualified tax adviser, the Internal Revenue Service (IRS) Web site or by calling 800.829.1040.  The IRS publication 970 “Tax Benefits for Education” an informational overview of these higher education tax incentives is available online.
 
At year's end, Congress passed and the President signed the "Tax Relief, Unemployment Benefits Reauthorization, and Job Creation Act of 2010," which extends every priority higher education tax benefit that either already expired or was set to expire at the end of this year. Among these provisions is the American Opportunity Tax Credit (AOTC). Senator Charles Schumer, who authored and championed the AOTC, is encouraging campuses to remind potentially eligible students about the credit, and the ability to file amended returns for 2009 in the event that they or their parents did not claim the credit when it was first created. Campuses could distribute reminders via e-mail, or via enclosures in tuition statements.
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