Not exact matches
[A] mounts paid or allowed to, or on behalf of, an individual to enable him to pursue studies or research are considered to be
amounts received
as a
scholarship or fellowship grant for the purpose of section 117 if the primary purpose of the studies or research is to further the education and training of the recipient in his individual capacity and the
amount provided by the grantor for such purpose does not represent compensation or payment for the services described in subparagraph (1) of this paragraph.
Neither the fact that the recipient is required to furnish reports of his progress to the grantor, nor the fact that the results of his studies or research may be of some incidental benefits to the grantor shall, of itself, be considered to destroy the essential character of such
amount as a
scholarship or fellowship grant.
«Gross income does not include any
amount received
as a qualified
scholarship by an individual who is a candidate for a degree at a [specified] educational organization.»
Section 74 («Prizes and Awards») of the Internal Revenue Code now specifies: «General Rule: Except
as otherwise provided in this section or section 117 (relating to qualified
scholarships), gross income includes
amounts received
as prizes and awards.»
Scholarships — each in the
amount of $ 2,895 — will be applied to educators» Project Zero tuition costs, and preference will be given to those who apply
as a member of a team.
As long as household income does not exceed $ 63,964, the two children in this household could still receive scholarships worth 50 percent of the state's per - pupil amoun
As long
as household income does not exceed $ 63,964, the two children in this household could still receive scholarships worth 50 percent of the state's per - pupil amoun
as household income does not exceed $ 63,964, the two children in this household could still receive
scholarships worth 50 percent of the state's per - pupil
amount.
In Florida and Indiana, parents can make up the difference between
scholarship amounts and tuition, whereas participating private schools in Louisiana must accept the voucher
as full payment.
As governor of Arkansas from 1996 to 2007, Mr. Huckabee supported a proposal that would have given undocumented children who had lived in Arkansas for a certain amount of time and graduated from a public high school in the state the same chance at an academic scholarship to state institutions as other student
As governor of Arkansas from 1996 to 2007, Mr. Huckabee supported a proposal that would have given undocumented children who had lived in Arkansas for a certain
amount of time and graduated from a public high school in the state the same chance at an academic
scholarship to state institutions
as other student
as other students.
As for
scholarship funding, the program gives SOs the opportunity to determine
scholarship amounts.
For local education agencies that have schools in the bottom five percent of achievement and are mandated to participate in the statewide
scholarship program, the shift of state and required local BEP funding from these local education agencies to the non-public participating schools is estimated
as follows: $ 16,570,000 in FY15 - 16; $ 25,473,800 in FY16 - 17; $ 34,815,000 in FY17 - 18; and an
amount exceeding $ 69,630,000 in FY18 - 19 and subsequent years.
Forman, for example, believes per - pupil
amounts for many voucher and tax credit
scholarship programs are too low for the low - income students they're intended to help, reflecting conservative positions that education funding
as a whole is bloated.
Fayetteville Christian School ranks third in the state in the
amount of taxpayer - funded school vouchers, formally known
as «Opportunity
Scholarships,» that the school has received for the 2016 - 17 academic school year — $ 249,708
as of late December 2016.
The closest U.S. equivalent of Sweden's voucher program may be educational choice programs for students with disabilities, such
as Florida's McKay
Scholarship Program, which allocates almost the exact
amount to private schools
as public schools would have received to educate those children.
As of 2009 - 10, $ 138.7 M had been paid to
scholarship recipients in
amounts ranging from $ 4,746 to $ 19,133, with the average
amount being $ 7,144.
Our past clients have said that our help with
scholarship essay brainstorming, outlining, researching, and redacting, is among the best precisely because we treat you
as an individual, and give the appropriate
amount of attention to get your thoughts and / or input on paper.
Get
as many
scholarships and grants
as you are eligible for, to lower the
amount you'll need to finance.
If you are a candidate for a degree, you can exclude from income
amounts you receive
as a qualified
scholarship or fellowship.
If that is true, my deduction is that I can claim the
scholarship as additional income and claim the
amount that I paid my university for tuition and fees
as eligible for the American Opportunity Tax Credit.
If they were to get some
scholarship money, it would put us back in the same spot
as over-funding the 529 with exception to the fact we'd get out of the 10 % penalty on withdrawals up to the
scholarship amount.
The minimum
amount of the loan is $ 2,000 and the maximum
amount can cover up to the total
amount of a student's school - certified attendance cost, after accounting for other financial aid such
as scholarships and federal loans.
Our trained admissions staff will help you maximize the
amount of transfer credit you receive,
as well
as the right
scholarships, grants and payment plans for you.
There's no limit to the
amount of
scholarships you can apply for — so apply for
as many
as you can.
Then enter the full
amount as a «business deduction» (i.e. nullifying the impact of schedule C), then enter the full
amount the proper way -
as scholarship income.
This includes AmeriCorps awards (awards, living allowances, and interest accrual payments),
as well
as student grants and
scholarships (only the
amount that is taxable and was included in AGI, such
as the
amount in excess of qualified higher education expenses).
Other income includes, but is not limited to,
amounts received
as prizes and awards, income in respect of a decedent, income from estates and trusts,
scholarships and fellowships, residential rental value or allowance paid by your employer, and any taxable income for which a place has not been provided elsewhere on the return.
You must answer all the questions, the taxable
amount will be computed
as the excess of your
scholarship over the qualified education expenses.
The purpose of private student financing is to fill the funding gaps created when lower - cost sources such
as grants,
scholarships, and federal student loans can't cover the full
amount.
Money from a
scholarship or grant is generally not taxable income
as long
as you are a candidate for a degree at a qualified educational institution AND the
amounts you receive are used for tuition, fees, or other qualified educational expenses (books, supplies, equipment, and other required course materials).
The maximum
amount parents can borrow via Parent PLUS Loans is the maximum cost of attendance of the college or university minus any other aid that was accepted (such
as grants,
scholarships, or other student loans).
If your student receives a
scholarship, you also have the option to get a refund for the same
amount as the plan would pay a public college or university in Florida based on your plan type.
If your child receives a
scholarship, you can get a refund for the same
amount as the plan would pay a public college or university in Florida.
The maximum
amount a member may borrow from CommonBond is based on the published cost of attendance at the student's school, minus any other form of assistance the borrower may receive, such
as scholarships, fellowships, grants, and financial aid.
Income that may be part of your gross income but is not identified
as taxable income would include child support, proceeds from life insurance policies, inheritances, workers compensation payments, welfare benefits, compensation awarded
as a result of physical injury, education
scholarships or grants, and income paid to your retirement account (either a 401k or IRA, up to a certain
amount).
The
amount received must be less than or equal to a student's qualified education expenses, the
scholarship must not be designated for non-qualified expenses like room and board, and it must not be a repayment for services such
as teaching.
You also might not be offered the maximum
amount,
as your offer depends on several factors — these can include your school's cost of attendance, your family's expected contribution and how much money you've received from other sources of financial aid, such
as scholarships.
Withdrawing money from savings plans can count
as family income on loan and
scholarship applications, reducing the
amount of financial support that your children can apply for.
(We used «average net price» because it takes into account extra expenses like books and supplies,
as well
as the average
amount of federal, state / local government, or institutional grant or
scholarship aid for incoming freshmen.)
As Hawaii tries to increase the
amount of working medical assistants in the state, many organizations are contributing to these efforts by offering
scholarships and grants to medical assisting students.