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

[swimcatsmom]

<p>Page 3 of the 2009 IRS 970 contains the following:</p>

<p>

Students in Midwestern disaster areas. The definition of qualified education expenses is expanded for students in these areas. In addition to tuition and fees required for enrollment or attendance at an eligible educational institution, qualified education expenses for students in Midwestern disaster areas include the following.

1. Books, supplies, and equipment required for enrollment or attendance at an eligible educational institution.
2. For a special needs student, expenses that are necessary for that person’s enrollment or attendance at an eligible educational institution.
3. For a student who is at least a half-time student, the reasonable costs of room and board, but only to the extent that the costs are not more than the greater of the following two amounts.
   a. The allowance for room and board, as determined by the eligible educational institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student.
   b. The actual amount charged if the student is residing in housing owned or operated by the eligible educational institution.

</p>

<p>So you can claim what is included on the school’s COA for room and board for a student living at home with parents. If there is no seperate COA for students with different living arrangements (my son’s school had more than one COA, my daughter’s does not) then you should be fine claiming the room and board amount allowed on the school’s standard COA.</p>

<p>My daughter lives off-campus (in an apartment) so that is what we do for determining room and board expenses for tax purposes.</p>