If a student receives a room and board tuition credit for performing the duties as a resident hall assistant (RA), is that treated as income same as if they received a scholarship that specifically provided R&B funds?
Thanks!
What kind of a statement did he receive reporting the value?
Just shows credits on their account statement;.. The values are also included under the "Scholarship and Grant" box of the 1098-T. ( but services of course are provided")
If it were me I would just treat them the way scholarships reported on 1098-T are reported.
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