Scholarships & Taxes: What Will I Owe?

Scholarships & Taxes Please note: The following is general information regarding taxes and should not be interpreted to be legal tax advice. Please contact your professional tax advisor or the Internal Revenue Service (IRS) regarding scholarships and your tax situations or questions.

If you are a college student or recent graduate, you may owe taxes on some of the scholarships and grants you received over the past year. Typically, scholarships are “free money,” but there are certain circumstances that require you to claim the scholarship benefit as income, which is taxable.
Continue Reading…


ScholarshipExperts is a fast and easy way for students and their families to get matched with scholarships to help pay for college. Create your free profile today!

Featured Scholarship

Search Posts

Scholarships for Everyone

Follow & Subscribe

Looking for Scholarships?

Register for a free account, answer a few questions and get matched to scholarships from our massive database containing awards worth nearly $14 billion!