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Federal Taxation of Student Aid: An Overview (CRS Report for Congress)

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Release Date Revised March 15, 2007
Report Number 97-225
Authors Linda Levine and Bob Lyke, Domestic Social Policy Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Feb. 4, 2002 (6 pages, $24.95) add
Summary:

This report outlines the general rules for whether six types of postsecondary studentaid are subject to federal income and FICA taxes: scholarships and fellowships (includinggrants), tuition reductions, veterans' benefits, loans, work-study awards, and employertuition reimbursements.