Education

Box 1 says $34,000. This is the total that we paid for Fall and Spring between cash and her federal student loans ($5500).

 

Box 5 shows a $54,000 scholarship that was the total scholarship for the entire year ($26k each semester).

 

Altogether I paid $27,413. My daughter's federal student loans paid $5500. This is the combination of Fall 2024 and Spring 2025. Her school was around $88,000/year without aid. There was no leftover scholarship income. She didnt receive any money. The tuition is $66,000/year and she got a scholarship for $54,000 of that. We had to pay the remaining $12k + room/board/fees.

 

I was just confused because its all on a 2024 tax form, but basically 1/2 of it was for 2025.