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Will I be taxed on my scholarship?
UPDATED 14 FEB 2023
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12:05AM
If you are studying full-time, your scholarship money will usually not be treated as taxable income.
Exceptions may apply if:
- Your study load is less than 75 credits (part-time).
- It is a condition of your scholarship that you undertake activities that are of use, help or benefit to the scholarship provider (i.e you are rendering a service by agreeing to undertake the activities).
- Upon completion of your degree you are required to become, or shall continue to be, an employee of the scholarship provider.
- Your scholarship is not provided principally for educational purposes.
For further information, use the online scholarship tool on the Australian Taxation Office website or contact the Australian Taxation Office.
If a letter regarding your scholarship is required for taxation purposes, contact the Scholarships Office.