Thanks for the response.
The student/dependent used 1/2 the scholarship money for tuition and kind-of 'banked' the other half (used it for everyday expenses while going to school). So, no room and board expenses.
Unfortunately, there is no credit eligibility to the parent in either of scenario (child reporting 1098-T or parent reporting 1098-T instead). BUT, if parent reports it instead of child, it lowers taxable income on child, and adding a $300 refund 🙂
Still confused as for what to do (whichever is right).... 😕
