According to the National Association of College and Business Officers,scholarship

According to the National Association of College and Business Officers,scholarship discounts and allowances paid by institutional funds,assuming that no services are provided by the recipients:

A) Are included in tuition revenue and recorded as an expense.
B) Are reported as a reduction of revenue by directly reducing the revenue account or increasing a contra- revenue account.
C) Are not included in tuition revenue but are included as an "other source".
D) Are reported as an adjustment to tuition revenue in the government-wide statements.