<p>In Publication 970 pages 5-6</p>
<p>I understand that books are a qualified expense under scholarships.</p>
<p>It also states that equipment is a qualified expense as long as it is required of all students in the course. This could mean a laptop that is required in a course.
But under ‘Expenses that do not qualify’, qualified education expenses do not include the cost of equipment and other expenses that are not required for enrollment in or attendance at an eligible educational institution. And this could mean a laptop that is required in a course. Go figure.</p>
<p>Under the Hope Credit, the books & laptop are not qualifying items. So, if I allocated the scholarship money to these items, shouldn’t only the balance of the scholarship money be used to reduce the tuition & fees for the Hope Credit?</p>