Scholarships and Fellowships
Eligibility
Scholarship:
-
A scholarship recipient must be an undergraduate student enrolled at UCSC.
-
The recipient may be pursuing studies or conducting research at an educational organization other than the one actually conferring the degree and still be considered a candidate for a degree.
-
The recipient must demonstrate reasonable progress towards earning a degree.
Fellowship:
-
A fellowship recipient may be a graduate student, faculty, post-doc fellow, or a non-degree candidate, such as a student enrolled in a “certificate program.”
-
The fellowship recipient is expected to develop expertise in a specific area of study, work on a thesis, or present a scholarly paper.
-
The terms of the fellowship grant may include specific deliverables, or require participation in research activity.
Allowable costs
Scholarship:
-
Used to pay tuition and fees required for enrollment, as well as books, supplies and equipment required of all students in a course of instruction.
Fellowship:
-
Used to pay tuition and fees required for enrollment, as well as books, supplies and equipment required of all students in a course of instruction.
-
May also be used to pay for incidental expenses such as room and board, travel, research, and expenses for equipment as well as other items not required for either enrollment or attendance in a course of instruction.
Tax withholding and reporting
-
The portion of a scholarship or fellowship grant used to pay for costs required of all students in the course of instruction, such as tuition and fees, as well as required books, supplies and equipment, is considered “qualified,” and is not reported to the IRS.
- The portion of a scholarship or fellowship grant payment provided under the following circumstances is considered wages of the recipient for tax reporting and employee tax purposes:
- Payment to the recipient for the performance of teaching, research, or other services may be considered wages.
- Payment is for past, present, or future teaching, research, or other services provided as a condition of accepting the grant.
- Payment enables the recipient to pursue studies or research that primarily benefits the grantor (fund source provider).
http://www.ucop.edu/financial-accounting/_files/taxation/t-182-77.pdf