How do I add college grants, scholarships, or AmeriCorps benefits reported as income to the IRS on my FAFSA form?

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Enter the amount of any college grant and scholarship aid that you (and if married, your spouse) reported as income to the IRS for 2023.

Most students leave this question blank because most scholarships and grants are not taxable, unless those award amounts exceed the total amount the student paid for tuition, fees, books, supplies, and required equipment. Typically, this isn’t the same amount as the adjusted gross income (IRS Form 1040, line 11). This entry can be left blank if it does not apply.

Generally, you report any taxable portion of a scholarship, a fellowship grant, or other grant as part of the "Wages, salaries, tips" line of your tax return. If you’re not sure if your grants or scholarships were taxable, use the IRS Interactive Tax Assistant to determine if your scholarship, fellowship, or grant count as income on your tax return.

Types of grants and scholarships that might have been reported to the IRS include the following:

  • Grants

  • Scholarships

  • Waivers/remissions

  • Fellowships/assistantships (grant or scholarship portions)

  • AmeriCorps education awards and living allowances

  • AmeriCorps interest accrual payments (for student loan interest that accrued during your AmeriCorps term of service)

Round to the nearest dollar. Don’t include commas or decimal points.