<p>will the amount that was reported as earnings on w-2 affect the amount of my scholarship??
my cousin used my social security number, and gave me a w-2 for around $8000. i am being offered a scholarship to a mid level school. will this $8000 in income affect my scholarship amount? please help</p>
<p>What do you mean your cousin “used” your social security number and “gave” you a W-2?? Scholarships for merit are not affected by your income level. W2 earnings do, however, affect your EFC. </p>
<p>Please clarify your situation.</p>
<p>Depends…is the scholarship merit aid (based on grades, etc)? If it is then it wont affect the scholarship.</p>
<p>Yes what do you mean? If your cousin used your SS that is very illegal. Also if there is a W2 with your name and SSN on it and $8000 in income then the IRS (and possibly your state if you have state income tax) will be expecting a tax return from you. </p>
<p>As far as school is concerned it may or may not affect your scholarship. It depends if the scholarship is merit based only, or if it has a need based component. If there is a need based component it may affect it. If not it should not. </p>
<p>For any need based aid having $8000 in income on your SSN will affect your eligibility for financial aid. It will increase your EFC which reduces your eligibility for aid.</p>
<p>It is most illegal for someone to “use” another person’s social security number for ANY REASON. I suggest you get this straightened out…ASAP.</p>
<p>It’s illegal on many levels:
- It’s potential tax evasion
- It’s SS Fraud-- raising your eligibility for potential future SS payments - although when you are 67 there will not likely be such a program in existence
- If perhaps this was done to enable an undocumented worker to remain undetected, then that is a federal offense…</p>
<p>Any and all of which could lead to an admissions decision being rescinded…as you have committed a crime!</p>
<p>You need to undo this very fast! If you don’t know what / how to do so, contact the legal aid society in your community…or find free legal advice at a local law school if possible…can be confidential…</p>
<p>Or phone in to the sunday afternoon radio talk show “Handle on the Law” (I love that guy!)</p>
<p>Good luck…</p>