On my son's 1098-T Box 5 contains 52M in scholarship. 15K Room & Board and 37K for tuition. Tuition actually costs 47K, so box 1 shows 47K, 37K in scholarship aid plus our check for 10K. Since Box 5 is greater than box 1 so it looks like we paid nothing for tuition and that he actually needs to show his scholarship as income as it appears he was "paid" to go to school. Shouldn't the school only report monies for Tuition Related Assistance in box 5 so there is an apples to apples equivalent to the tuition related expenses?
