bursar-l: 1098-T Box 5 Scholarships and Grants

Box 5 instructions state to include the total of all scholarships or grants
administered and processed by the eligible educational institution. How do
other schools interpret "administered and processed"? At our school, we
have been reporting scholarships and grants that post to the student account
but might originate from an outside source (i.e. Air force or ROTC
scholarships and other outside scholarships such as Knights of Columbus).
If these are merely flowing through the university to the students account,
should these be reported in Box 5?

Any insight is much appreciated! Thank you,

Gail L Foote

Associate Director, Business Office

University of St Thomas

(651) 962-6606

glfoote@stthomas.edu <mailto:glfoote@stthomas.edu>

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Received on Tue Jan 30 14:05:56 2007