UA scholarship refund?

beth_s_mom
Mon, 15 Feb 2016 03:00:18 +0000

It will be refunded to you, but what you report as income isn’t related to whether it’s refunded or not. You will have to report as unearned income the amount of the scholarship in excess of qualified educational expenses. See IRS publication 970. Course fees will be a qualified expense, but Dining Dollars won’t.