From: Gale Meyers (Gale.Meyers@millersville.edu)
Date: Mon Sep 16 2002 - 10:25:02 EDT
We treat all scholarships from either on campus or off as scholarships. Many
schools handle them differently in our systems, but none of them is money
spent out of pocket by the parent or student.
Therefore, if you look to the purpose: to identify what family money that
was spent on education for the student to be able to use for tax
deduction/credit, of course all on or off scholarships are scholarships.
Gale R Meyers
Bursar, Millersville University of PA
gale.meyers@millersville.edu
717-872-3025
-----Original Message-----
From: Whited,Jeanette [mailto:JWHITED@mail.nwmissouri.edu]
Sent: Tuesday, September 10, 2002 10:47 AM
To: bursar-l@virginia.edu
Subject: RE: 1098-T reporting
Please reply to the list.
Jeanette Whited
Treasurer
Northwest Missouri State University
800 University Drive
Maryville, MO 64468
Phone: 660/562-1103
Fax: 660/562-1400
e-mail: jwhited@mail.nwmissouri.edu
-----Original Message-----
From: Bailey, Karen [mailto:ksbailey@ku.edu]
Sent: Tuesday, September 10, 2002 7:09 AM
To: bursar-l@virginia.edu
Subject: 1098-T reporting
Once again we are reviewing the reporting regs for 1098-T's and we come to
the group of knowledge seeking guidance. In the regs it states that
scholarships and grants administered and processed by the school are to be
reported. In your professional opinions, does this include outside
scholarships, for example checks from the Knights of Columbus or the
Fraternal Order of Police? These checks are recorded in our financial aid
system and are posted to the students account so we do process them. But
are they considered administered? We have several differing opinions so
your help would be appreciated.
Thanks for your input,
Karen Bailey
Bursar
University of Kansas
785-864-5929
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