A Form 1098-E Student Loan Interest Statement shows the amount of interest you paid on your eligible student loans during the previous tax year. You may be able to deduct interest paid on your federal tax return, which could reduce your taxable income.
Am I eligible?
- Borrowers who have paid $600 or more in eligible student loan interest during the tax year are automatically issued a Form 1098-E.
Even if you haven’t met the $600 threshold, you can always access your Form 1098-E at SallieMae.com on or after January 10, 2014.
- Form 1098-E statements must be issued by Sallie Mae and Sallie Mae-Department of Education Loan Services to eligible borrowers by January 31, 2014.
What’s the quickest way to get my Form 1098-E?
You can receive your form:
By email: If you’ve chosen to receive tax statements via email and paid $600 or more in eligible student loan interest, we’ll send you an email to let you know it’s available.
By mail: If you’ve chosen to receive tax statements via USPS and paid $600 or more in eligible student loan interest, we’ll send you a letter postmarked by January 31, 2014.
At any time online at SallieMae.com you can access your tax statement.
Log in to your account at SallieMae.com on or after January 10, 2014.
Under the Customer Support tab, go to Federal Loans, Private Loans and/or Department of Education Loans and select Print Statements and Documents.
Find 1098-E Tax Information and print.
Important Note: You will need to download a separate Form 1098-E for each Sallie Mae servicer you have; one to accommodate all of your Sallie Mae federal and private student loans, and another for any Sallie Mae-Department of Education Loan Services loans, if applicable.
What are the important dates for my Form 1098-E?
Keep these deadlines in mind so you don't miss out on your possible tax benefit.