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Yes, scholarship amounts that are in excess of qualified education expenses are taxable.
Thanks. My scholarships didn't cover all of my tuition, so I still payed out of pocket. Since the scholarships were done through the school I don't think I got federal aid; would this affect my federal return as well?
Yes, Scholarships can affect your taxable income.
If you receive a scholarship, a fellowship grant, or other grant, all or part of the amounts you receive may be tax-free. Scholarships, fellowship grants, and other grants are tax-free if you meet the following conditions:
You must include in gross income:
Topic No. 421 Scholarships, Fellowship Grants, and Other Grants | Internal Revenue Service (irs.gov)
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