TopSchool Automates 1098T Process for Colleges and Universities

System Enables Schools to More Efficiently Generate and Distribute Forms to Students and the Government

Denver, CO - January 19, 2011 - TopSchool, a leading SaaS provider of Student Lifecycle Management (SLM) solutions for higher education, has released new functionality that allows colleges and universities to more efficiently generate students' 1098T forms.  Through TopSchool's finance module, schools can quickly and easily batch process the forms and mail them to students, as well as upload the electronic files to the government.

"Traditionally, the process of creating and issuing 1098T forms has been cumbersome for schools, often draining time and resources," said Matthew Schnittman, CEO and Co-Founder of TopSchool.  "By improving background batch capabilities, our client institutions can more efficiently produce the required forms and get them into the appropriate hands, ultimately enabling them to dedicate less time to paperwork and more time to students."

This advancement marks another way TopSchool is simplifying student data management for schools.  TopSchool's next generation system enables colleges and universities to better support students from prospect to placement.

TopSchool's 1098T functionality reports either payments received or amounts billed methods, depending on the school's preference.  Schools can run a batch of 1098T forms for large groups of students or use the search feature to select a specific student or a set of students for a smaller batch.  Additionally, the functionality allows schools to more efficiently create forms for students across multiple campuses.

 


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