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WWW.MARQUETTE.EDU CAMPUS CONTACTS SITE INDEX 
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SPECIAL TUITION TAX DEDUCTION INSTRUCTIONS NEEDED FOR FORM 1040
At the end of its last session, Congress extended the tuition tax deduction credit for 2006 and 2007. The tuition deduction is worth up to $4,000 of college tuition and fees, and can be claimed by single taxpayers earning $65,000 or less. Married/joint filers earning $130,000 or less also may claim the deduction.
Because this was passed too late for 2006 tax forms, the line that would ordinarily include tuition tax credits was not printed. Those filing tax returns should use line 35, “Domestic production activities deduction, attach Form 8903,” to claim the deduction for college tuition and fees. Write the letter “T” on line 35 of Form 1040 and enter the eligible amount. For example: (T 4,000). You cannot take this deduction on Form 1040 A.
The Internal Revenue Service will not process returns that claim this deduction until after Feb. 3, so it is recommended that filings be made after that date. Paper returns that have already been filed will be held until Feb. 3 and electronic returns filed before that date will be rejected.
Note that this is not official guidance, and has not been reviewed by tax counsel. Please consult a trusted tax adviser for applicability to your particular tax situation.
Please see the Internal Revenue Service Web site for detailed information.
for detailed information.
NOTE: The university will be mailing tax form 1098-T which lists the tuition charges (less grants and scholarships) for the tax year 2006 to your student's home address no later than January 31st, 2007.
MARQUETTE ADVANCES IN U.S. NEWS & WORLD REPORT COLLEGE RANKINGS
Marquette University ranks 81st among the top national universities in the 2007 edition of America's Best Colleges, released today by U.S. News & World Report. Marquette was listed among 248 U.S. universities that offer undergraduate majors as well as master's and doctoral degrees, the premier category of institutions ranked by the publication. Marquette has steadily risen in this annual listing, ranking 85th last year and 90th two years ago.
“Marquette’s rise in the rankings is a credit to our faculty and staff who live our Jesuit, Catholic ideals by conveying a passion for enhancing the world we live in through teaching our students to be leaders of tomorrow and contributing to the global community through research and service to others,” said Provost Madeline Wake.
Marquette was once again one of only 25 universities recognized for service learning under “Programs to Look For.” Service learning programs involve volunteer work in the community as an instructional strategy, enriching the classroom experience. Approximately 900 Marquette students from 55 to 65 university courses are placed at 100 to 125 community agencies each semester. From building bridges in Central America and participating in local Habitat for Humanity efforts to providing healthcare to underserved communities locally and abroad, Marquette students and faculty learn from their active participation in the community.
The university is 50th on the list of national universities rated as “Great Schools, Great Prices,” which is based on three factors: (1) percentage of students receiving grants based on need (52%); (2) average cost after receiving need-based grants ($22,071); and (3) average discount from total cost (34%).
