Has anyone come accross the "Loophole" (AOTC)? Not sure how legit it is but it's when scholarships exceed tuition on the 1098T, the student reports more of the scholarship as income which frees up tuition expenses to be claimed for the credit. In my situation, we would report the income on the students return and claim the credit on the parents return. If this is allowed, how do I properly report this on the parents student information worksheet in Proseries?