1098-T - Whose return should it apply to? Parent or child?

I am a parent.

  •  I have a child <24 years old
  • Child is a full-time undergrad student and has not graduated yet
  • Child has earned income on a W-2 of $9700
  • Child has unearned income of $1650 from (1099-INT and 1099-DIV)
  • Child has unearned income of $4500 investment income (1099-B)
  • I (parent) have claimed the child as a dependent, and the child has reflected the same on their return.
  • I (parent) do not qualify for any credits because of MAGI
  • The child has received a 1098-T form from the college.
    • Box 1 has $52,000. ($33000 was paid by the parent)
    • Box 5 has $19,000. The $19000 was a credit received for being an RA.
      • $15000 out of the $19000 was a credit for Room and Dining.
      • $4000 was a tuition credit.
  • When I file the 1098-T as a parent, my tax burden does not increase. However, if I file the 1098-T under the child's return, the tax burden goes up by $3000+.

    My question is, whose return should the 1098-T be included? Parent or Child?