FAFSA tax question involving AGI

Paying for College
1

<p>I am in the process of correcting my fafsa based upon my completed tax return. In 2008 I was paid a stipend for international volunteer work, and I received a 1099 from the non-profit. I have included these earnings as other taxable income and it is part of my AGI for the FAFSA. I am wondering if this needs to be included anywhere else on the fafsa (ie under grants and scholarships in the “additional financial information” section)?</p>

<p>thank you.</p>

2

<p>No, if it is in your AGI you should not include it anywhere but in the AGI. The taxable scholarships and grants is only for educational related scholarships and grants included in the AGI, and these are deducted from income by the EFC formula so that they do not increase the EFC. A stipend such as you received would not count as an educational scholarship or grant.</p>