Vesper is the professional layer between a campus’s records and a nonresident tax return.
What the problem actually is
International students on scholarship often have federal tax withheld on money that is not all taxable. Qualified tuition is generally not. Housing, travel, and other non-qualified amounts can be. The distinction lives in the campus file. Most students never file a nonresident return, so the withheld tax never comes back.
What Vesper does
Vesper takes the records the campus already has, allocates them correctly for each student, and gets a return prepared and filed by CPAs. The work runs at the scale of a conference, not as a pile of individual appointments.
One file
An international student on scholarship. No name. The numbers are from a real campus file.
- Scholarship
- $37,681
- Federal withholding (14%)
- $5,275
- Qualified tuition
- $36,090
- Amount that remained taxable
- $1,591
- Withholding that a filed return would recover
- $5,052
Illustration, not a filed return. Almost all of the withholding sat on the qualified slice. It does not come back unless someone identifies that slice and a return is actually filed.
What Vesper is not
Not a filing app the student logs into alone. Not a replacement for a campus product the school already bought. Not advice to stop withholding. Not a public marketplace.
Who commissions it
A conference or a campus. The student is the beneficiary.