Scholarships and Adjustment to Financial Aid
A note about the taxation of scholarships: Scholarships received that exceed your total cost of tuition and required fees, books, and educationally related supplies and equipment are subject to federal income tax. Scholarships, fellowships or grants that are designated for room and board, transportation, and personal expenses may be taxable as income. Keep your receipts and copies of university bills. Questions regarding taxation of scholarships should be addressed to the local IRS office where you can obtain IRS Publication 970.
Colorado School of Mines
Financial Aid Office
1301 19th Street
Golden, CO 80401