<p>Now that you reminded me of this m2ck, I realized exactly what you said is correct so there is no need to tell my accountant about the scholarship. I think my accountant needed the number for the grant in order to figure out if we qualified for the AOC (which we did)–deduct grant from costs and what was left over was paid for with my d’s coverdell. </p>
<p>So I guess I state the grant and scholarship info just on the PROFILE. And since the amounts did not exceed college costs, they are not taxable–correct?</p>