Jena is a full-time undergraduate student at State University and is claimed by her parents as a dependent. Her only source of income is a $10,000 athletic scholarship ($1,000 for books, $5,500 tuition, $500 student activity fee, and $3,000 room and board). Jena's gross income for the year is:

Question

Quizplus · Accepted Answer

The gross income for a scholarship recipient is the portion of the scholarship that is not used for qualified education expenses. Qualified expenses include tuition and fees required for enrollment, and books. The $3,000 used for room and board is not a qualified expense and is considered gross income.

Jena Is a Full-Time Undergraduate Student at State University and Is