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KYGIRL4
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Are subsidized and unsubsidized loans included on scholarship income

 
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LeeM
New Member

Are subsidized and unsubsidized loans included on scholarship income

No, school loans received are not income nor taxable.You should only include the scholarships/grants and those items you do not have to repay. 

Tip: You can deduct school loan interest when you begin repaying them.

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LeeM
New Member

Are subsidized and unsubsidized loans included on scholarship income

No, school loans received are not income nor taxable.You should only include the scholarships/grants and those items you do not have to repay. 

Tip: You can deduct school loan interest when you begin repaying them.

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