FAFSA Form Review - Student

Taxable Grants, Scholarships, & AmeriCorps Benefits

On your FAFSA form, you (and your spouse, if applicable) reported taxable college grants, scholarships, or AmeriCorps benefits that were reported to the IRS as income. 

Most individuals either do not have these taxable items or have reported the amount incorrectly on their FAFSA. You need to review your tax information for the appropriate tax year.

Note: A 1098-T cannot be accepted as documentation


Which Tax Return Year Do You Need?

FAFSA Form Year Tax Return Year to Reference
2025-2026 (for fall 2025, spring 2026, summer 2026) 2023
2024-2025 (for fall 2024, spring 2025, summer 2025) 2022

2025-2026 FAFSA (based on 2023 tax year)

Financial aid for fall 2025, spring 2026, summer 2026

What you need to do:

Refer to Line 8 of your 2023 1040 Federal Tax Return (and your spouse’s, if applicable).Example picture of "Other income from schedule 1, line 10" of tax form looks like

  • If the amount on line 8 on the 1040 is blank or $0, check line 1a to confirm if there an amount is listed next to the letters "SCH" (see example below).

    • If the amount on line 8r on the Schedule 1 is greater than $0, submit the Schedule 1 to the Office of Financial Aid.
      • Picture of "Scholarship and fellowship grants not reported on Form W-2, line 8r," from taxes
      • If the amount listed on your Schedule 1 differs from what is listed on the FAFSA the Office of Financial Aid will submit the correction on your behalf.

2024-2025 FAFSA (based on 2022 tax year)

Financial aid for fall 2024, spring 2025, summer 2025

What you need to do:

Refer to Line 8 of your 2022 1040 Federal Tax Return (and your spouse’s, if applicable).Example picture of "Other income from schedule 1, line 10" of tax form looks like

  • If the amount on line 8 on the 1040 is blank or $0, check line 1a to confirm if there an amount is listed next to the letters "SCH" (see example below).

    • If the amount on line 8r on the Schedule 1 is greater than $0, submit the Schedule 1 to the Office of Financial Aid.
      • Picture of "Scholarship and fellowship grants not reported on Form W-2, line 8r," from taxes
      • If the amount listed on your Schedule 1 differs from what is listed on the FAFSA the Office of Financial Aid will submit the correction on your behalf.

For more information regarding taxable grants, scholarships, or AmeriCorps benefits please click here