Scholarship - room and board
I have a few questions related to scholarship payments:
Do you limit scholarship payments to tuition and fees required for enrollment or attendance at the educational institution, or for fees, books, supplies, and equipment required for courses at the educational institution?
Do you allow students to use scholarships for room and board?
If you allow students to use scholarships for room and board, are you letting students know that the amount may be taxable?
Fremont Area Community Foundation, MI