What’s a full tuition waiver?

A full tuition waiver, or a “full ride” scholarship, is funding that covers the entire cost of your tuition, and may go even further than that, covering textbooks, housing, living expenses, and so on. These types of programs are relatively rare and highly...

Is scholarship income taxable?

Yes, the income received from scholarships is generally taxable, as it’s income you must declare on your taxes! Student loans are not considered income for tax purposes, though, and the interest you pay can be reclaimed via a tax credit.

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