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What total amount of qualified scholarship

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Question - John is a rising senior in high school. He has been competing for college scholarships since the beginning of his junior year. He has been awarded the following.

A $2,000 award which must be used only for tuition and fees at any accredited college.

An additional $1,000 received for received for research services to be performed by john as a condition of receiving the $2,00 scholarship indicated above.

A $3,00 award which may only be used for tuition and fees, books, supplies, or equipment at an accredited college

A $2,500 award which may be used for tuition and fees, books, and room and board at an accredited college.

A $1,500 scholarship prize that john received by entering a contest. He can use it for any purpose.

What total amount of qualified scholarship or fellowships can be excluded from johns income?

a. 7,500

b. 6,000

c. 9,000

d. 5,000

Reference no: EM132440915

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