Mansfield University Home PageAttention Tax Filers
Under Internal Revenue Code, state, and local tax law, certain scholarship and grants awards are deemed to be taxable to the recipient.
It is not the responsibility of Mansfield University to determine the taxability, nor tax and report the value of any awarded scholarship to the Internal Revenue Service, state, or local authorities.
However, you should be aware that all, or a portion, of this award may be taxable, and you are required to appropriately report the taxable value of the award when filing your tax returns.
If you are not able to determine the taxability of an award, you should consult a tax professional to obtain assistance in appropriately reporting any taxable value of the award to the taxing authorities when filing your returns.
Hope Scholarship Credit
Lifelong Learning Credit
Savings Bonds - Taxfree for Education
TAP - Tuition Account Program
Bookstore Credit Slips
If you have guaranteed funds (grants, scholarship, waivers) that exceed your charges for the current semester, you may request a credit slip to purchase your books up to the amount of the credit.
Credit slips for books, etc,. are not permitted against undisbursed bank loans or pending financial aid.