Home > International Student Services > International Student Taxes
In order to
streamline the International Student tax compliance process, Jacksonville
University requires all international students to prepay their international
taxes each semester. The United States Internal Revenue Service requires
Jacksonville University to withhold 14% of monies awarded that cover room and
board, which is considered income. In essence, the Controller’s office will
create a tax deposit account for each person. It is recommended that
each semester’s taxes be paid in a timely fashion to ensure early registration
for following semester(s). As room and board rates increase from year to year,
the students will be responsible for increasing the deposit amount to maintain a
14% deposit. The deposit is held for the student until his/her final semester
when it is applied towards their account balance.
Items that are
taxable on a student account include: Scholarship or fellowship money (foreign
or domestic) that covers Room and Board. Students who are self-pay do
not have to prepay.
For more information, contact Kimberly Fisher, firstname.lastname@example.org.