Financial Aid Eligibility and Taxes Disclaimer
The Los Rios Community College District and Los Rios Foundation do not provide tax advice. But, generally, scholarships or fellowships are not taxable to the extent they do not exceed the cost of tuition and fees, or course-required expenses (fees, books, supplies, equipment) and the student is a candidate for a degree. To determine the taxability of your award, please see IRS Publication 970 and consult with your income tax preparer or advisor for specific income tax ramifications from receiving this award. Scholarship funds are reported to the financial aid office and may impact other aid program eligibility. Please check with the financial aid office to see if you are affected.