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Grants are not taxed like normal income. I would check with your tax advisor about what to d with grants.

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Wiki User

12y ago
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6mo ago

No, college grants are typically not taxable as long as they are used for qualifying educational expenses such as tuition, fees, books, and supplies. However, if the grant is used for non-qualified expenses like room and board, it may be subject to tax. It is always advisable to consult with a tax professional to ensure compliance with tax laws.

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