Thank you so much for your valuable assistance! I don’t want to mess this up and affect her financial aid award for next year.
- Box 1 of the 1098-T: $29,978.50
- box 5 of the 1098-T: $32,695.00
- Any other scholarships not shown in box 5: N/A
- Does box 5 include any of the 529/ESA plan payments (it should not): No
- Is any of the Scholarship restricted; i.e. it must be used for tuition: No
- Box 1 of the 1099-Q: $7,662
- Box 2 of the 1099-Q: $1,961.38
- Who’s name and SS# are on the 1099-Q, parent or student (who’s the “recipient”)?: student
- Room & board paid. If student lives off campus, what is school's R&B charge. : We were charged $9,662 for room/board. The grant is given to cover the full cost of attendance *after* the family’s ability to pay is considered. So for tuition plus room/board (the school does not differentiate or restrict), we paid out of pocket roughly $6500 in 2021. This was for actual billed expenses (tuition/on-campus room/board).
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers: $1500
- Is the student an undergrad or grad student?: Full-time undergrad.
Thank you again, sincerely.
