Thanks very much appreciate the quick response! The actual $10K scholarship reported was directly from the school - just really a discount they gave on the full tuition. Seems like you suggesting the school issue me a corrected 1098-T that has the $40K in Box 1 (I paid $30K and they "paid" $10K ) ? That does seem to be logical given the link to the IRS page below, which states for Box 1 "The amount reported is not reduced by scholarships and grants reported in box 5." It seems the school did just that since they only reported $30K.
