Ohio considers bill to make college grants non-taxable
November 22, 2011
College grants and scholarships have long been a source of free financial aid for students looking to earn a postsecondary degree. However, many of these resources are subject to income tax, which can reduce their value to recipients.
Recently, a bill was proposed to make college grants tax-free in Ohio, according to The Associated Press. The document is currently waiting to be signed by Governor John Kasich, and it could relieve individuals who rely on this money to pay for room and board.…