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New Member
posted Feb 26, 2020 2:53:14 PM

If I’m a student and I am receiving financial aid and have grants and scholarships does that count as a payment towards my tuition? Or should I just not highlight the circle for me not paying my

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Expert Alumni
Feb 26, 2020 3:13:15 PM

Grants and scholarships (1098-T box 5) count as payment towards tuition (1098-T box 1).

 

You want to claim tuition and other qualified education expenses to reduce payments by your scholarships and grants.

 

This TurboTax Help explains qualified education expenses.