New Jersey Statutes
§ 54A:6-8 — Scholarships and fellowship grants
New Jersey·Title 54A NEW JERSEY GROSS INCOME TAX ACT
a.Any amount received as a scholarship at an educational institution.
b.Any amount received as a fellowship grant.
c.Any amount received to cover expenses for travel, research or equipment which are incident to a scholarship or research grant, but only to the extent that the amount is so expended by the recipient. L.1976, c. 47, s. 54A:6-8, eff. July 8, 1976, operative Aug. 30, 1976.
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Nearby Sections
15
§ 54A:6-1
Items in 54A:6-2 to 54A:6-9 excluded§ 54A:6-10
Pensions and annuities.§ 54A:6-11
Lottery winnings.§ 54A:6-13
Unemployment insurance benefits§ 54A:6-14
Interest on certain obligations§ 54A:6-15
Other retirement income.§ 54A:6-2
Federal social security benefits§ 54A:6-21
Contributions to certain employee trusts§ 54A:6-22
Gross income exclusion.§ 54A:6-25.1
Loan redemption exempt from taxation.