International Students. International students who receive institutional scholarships and grants in excess of the amount of tuition and required fees for enrollment (“qualified education expenses”) may be required to have Federal income taxes withheld at a rate of 14% under U.S. tax law.
Appears in 4 contracts
Samples: Undergraduate Financial Aid Award Agreement, Graduate Financial Aid Award Agreement, Financial Aid Award Agreement
International Students. International students who receive institutional scholarships and grants in excess of the amount of tuition and required fees for enrollment (“qualified education expenses”) may be required to have Federal income taxes withheld at a rate of 14% under U.S. tax law.
Appears in 1 contract
