Direct Depost Form
Refunds and/or reimbursements are issued through an Electronic Funds Transfer (Direct Deposit) to the student’s designated bank account. An EFT is the fast way for you to receive a refund and/or reimbursement.
To sign up, complete the direct deposit form and submit it to the Bursar’s office. Any time you make changes to your bank or account information, an updated form will need to be completed. Please note “updated bank account” on the form.
Please share the 1098-T information and your payment records with your tax advisor to determine your eligibility for education tax credits. Alabama College of Osteopathic Medicine does not provide tax service.
IRS regulations state that each student who wishes to receive their 1098-T electronically must also provide his/her consent electronically. To do so, go to www.tsc1098t.com and follow the instructions below.
- Go to www.tsc1098t.com
- Enter the site ID: 11217
- User Name: ACOM Student ID
- Password: Last 4 digits of SSN
For security reasons, you will be prompted to change your password. Enter your old password (last 4 digits of SSN) and then enter a new password. The new password must be 7 characters and contain at least one numeric character.
Once you have entered a new password, you will be presented with the online consent form. Read the online consent form for the requirements and specifications. If you agree, click on “Consent.” Once you consent, you will NOT be mailed a 1098-T and must return to the site after January 31 to view/print a copy of your Form 1098-T. Your consent will apply to the current and subsequent years. If you completed the registration in the past, you will not need to re-register.