How do (up to "full ride") scholarships work with grants?

<p>*as taxable income paid by you, *</p>

<p>Taxable by the student…not the parent.</p>

<p>Our son was not taxed for his scholarship-awarded computer. I don’t think the IRS expects any college kid not to have a computer these days…it seems like it would be standard equipment. </p>

<p>Anyway…we didn’t receive a line item for the computer for tax purposes (on the form sent by the school), so the school must not consider it a taxable item. So, we never paid taxes on it.</p>