Can I take unused scholarship money and save it for next year's qualified expense?

[Bsch4477]

Deleted. 

[Hal_Al · Accepted solution]

Q. Can I take unused scholarship money and save it for next year's qualified expense?

A. Generally, no. A 2025 scholarship cannot be used for 2026 qualified expenses, to avoid taxation.  But, it depends on the scholarship intent. For example, if a full year scholarship was applied to your account in September 2025 and is still in the account when the  2026 bill is posted, then yes. 

In the TT 1098-T interview, you will  reach a screen that allows you to adjust the scholarship amount for "amounts not awarded for 2025 expenses".

[mschoff9]

Thank you for the explanation!