<p>It is pretty irritating. It shows for us that we spent over $40K on tuition for 2010 but it indicates that “qualified tuition expenses are only under $30K,” which makes no sense. Don’t understand their accounting method at all or all the numbers they used to come up with the number they put into box to of the 1098T. For us this year, it doesn’t matter, but it will matter next year when we use D’s Coverdell account. Still, the amount they list in box 2 is still way over the amount in the account, so it should be moot anyway.</p>