I've seen this question asked and answered in a variety of ways in different forums (even here). My understanding from CollegeInvest.org is that room & board should be considered a Qualified Expense. I have not started the process of trying to enter this data yet into TurboTax but will within the next month. My understanding is that basically all fees (including room & board) billed by a university are essentially considered qualified (but then it's a mystery to me why that wouldn't be on the 1098-T). Am I correct...are those fees a definitively a Qualified Expense?
