How Does A Scholarship Affect Your Student Aid?

How Does A Scholarship Affect Your Student Aid? Generally, you report any taxable portion of a scholarship, a fellowship grant, or other grant as part of the “Wages, salaries, tips” line of your tax return. Do scholarships count as income on FAFSA? Generally, you report any taxable portion of a scholarship, a fellowship grant, or

Do You Have To Report Scholarship Money On Fafsa?

Do You Have To Report Scholarship Money On Fafsa? Although there’s no legal requirement to report scholarships on the FAFSA, doing so benefits the student by reducing total income, thereby increasing eligibility for need-based financial aid. Does scholarship money affect financial aid? A scholarship will affect your other student aid because all your student aid