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University scholarships are considered to be a form of educational assistance, and they are exempt from income tax. Discover the essential requirements for scholarships in this comprehensive guide and secure financial aid for your education. So, college applications are done, but hold on a second before you hit the beach and celebrate because you totally deserve it, there’s another thing.

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While some scholarships have more inclusive eligibility criteria,. Where does scholarship money come from? University scholarships are considered to be a form of educational assistance, and they are exempt from income tax. They'll help ease some financial costs off you. While you will need to have good grades to be eligible for most scholarships, there are a number of scholarships.

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