A. Define the term scholarship as it is used in sec. 117 in Canada.

B. If a scholarship covers room and board, is it excludable?

C. If an employer provides a scholarship to an employee who is on leave of absence, is that scholarship taxable?

D. Is the amount paid by a university to students for services excludable from the students' gross income?

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A A scholarship is an amount paid or allowed to or for the benefit of ... View the full answer