International student fin aid

sweetmuffin
Sat, 23 May 2009 23:43:02 +0000

well, i received a pretty hefty financial aid package and have some questions about it.
I received grant arnd 48k and campus employment for 2k…
that means that i received aid more than the educational cost (not including board and room)…
does that mean that i have to pay the 14% tax??is it 14% of the whole education cost + room and board (50k) or what? how do i pay the tax?
thanks!