Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Hi y'all. This is my first ever post and I am not sure if I am posting to the correct board. I have a question about student loans and taxes. I managed to make it through college without taking out loans. However, the same is not true now that I am in grad school (I can't work an outside job due to the nature of my stipend). I was wondering if one had to report any student loans received on one's taxes as income and if so will I be expected to pay taxes on the loan since none were taken out of it to begin with. Thanks for your time. Any info would be of great help (the financial aid office here has no clue).

Jenn
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.