Is there free lunches?

<p>Sybbie 719: Could you please explain what you mean by this? </p>

<p>“Also remember that all “free money” over the cost of tuition, books and fees is considered taxable income (so there really is no such thing a a free lunch or a free ride, because Uncle Sam is getting his cut).”</p>

<p>Your statement is very clear, but how exactly does it happen? Does the school report amount awarded to the government just as if it were salary? I had never heard of this before.</p>

<p>Regarding the athletic “free ride”, we all know that athletes spend so much time during college on their sport that they are paying dearly for their scholarships. At lots of schools many of them never even graduate, or their courses are so watered down that they don’t learn much.</p>

<p>In reality, someone somewhere is always paying for the lunch.</p>

<p>Receiving merit and/or financial aid is wonderful, but it isn’t free. As previous posters have said, those with merit aid earned it, and those with financial aid have lived lives with less.</p>