<p>I received a settlement for a permanent partial disability from a workplace accident last year. I know workers compensation has to be listed as untaxed income but what about a final settlement.</p>
<p>You should write a letter to the school(s) explaining the situation. Provide all supporting documentation. If you will be using this money to pay for future expenses due to loss of income, note that. Give all the info you can. This is an area where schools may exercise professional judgment, and you may very well see two schools treat it differently.</p>