A Scholarship Recipient at State University May Exclude from Gross

question 83

Multiple Choice

A scholarship recipient at State University may exclude from gross income the scholarship proceeds used to pay for:

• A)Only tuition.
• B)Tuition, books, and supplies.
• C)Tuition, books, supplies, meals, and lodging.
• D)Meals and lodging.
• E)None of the above.

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Definitions:

Passed

Could refer to having been approved in a test or examination, or signifies someone or something that has moved beyond a certain point.

They're

A contraction of "they are," used to refer to two or more people, animals, or things.

Effected

Refers to something that has been brought about or achieved; an outcome that has been realized.

Ostentatious

Characterized by vulgar or pretentious display; designed to impress or attract notice.