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On the FAFSA there's an entry field that seems rather vague. It says to put in scholarships and other stuff reported to the IRS, but I don't know exactly what to put in here as I haven't reported anything to the IRS. I am classified as a dependent and will not file my taxes. Am I basically supposed to put in the field the sum total of ALL of my scholarships, cal grants, pell grants, etc. in there? Also, if my college sends electronic fund transfers (EFT Refunds from scholarship aid; basically everything that is left over from the aid is deposited into my account, it was ~$1100 for Fall 2007 Semester), where do I put this information (which box?)? If I already submitted my FAFSA, would it be perfectly fine if I added this information on the correction (I submitted it first and then realized that I wasn't supposed to leave the field blank)?
In the mail I received a letter from UC Berkeley stating "Information for Determining Federal Tax Benefits for Higher Education Expenses." On the paper it said:
"Tax year 2007 Amounts"
Part 1: Payments Received for Tuition and Related Expenses:
University Registration Fees $393
Educational Fees $2925
Regular Session Fees $205.75
Qualified Expenses Total for Jan 1 - Dec. 31, 2007: $3523.75
Part 2: Scholarships or Grants:
Grants and Scholarships: $8913
Total for Jan 1 - Dec 31, 2007
Am I supposed to put this information somewhere on the FAFSA if I am a dependent?