Agnes receives a $5,000 scholarship which covers her tuition at Parochial High School.She may exclude the $5,000 scholarship she received for tuition at the private high school.

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Scholarships specifically designated for tuition at educational institutions can be excluded from taxable income. Therefore, Agnes can exclude the $5,000 scholarship she received for tuition at the private high school from her taxable income.

Agnes Receives a $5,000 Scholarship Which Covers Her Tuition at Parochial