Taxes
U.S. Citizen and Permanent Resident Taxes
Graduate students receiving financial awards that are scholarships, fellowships, teaching assistantships, research assistantships and other analogous stipends are required to pay U.S. income tax on these funds as follows:
- If a student is not a degree candidate, all award funds are taxable.
- If a student is a degree candidate, the amount of any award used for tuition, fees and required books, supplies and equipment is not taxable. The amount used for other expenses such as room, board and travel is taxable.
- The part of any award that represents payment for the student's services such as teaching, research or other service is taxable.
International Student Taxes
All foreign students and their dependants are required to file at least one tax form for every year they are in the U.S.