On a Sports scholarship in the US? Here’s what international students on athletic scholarships need to know about taxes
(Last updated: 22 Feb 2023)
Many athletes dream of having an opportunity to move to the US on a sports scholarship and study in one of their world-famous universities. If you are good enough to have been offered a scholarship, here’s what you need to know about taxes!
Studying in the US is expensive and while most universities offer scholarships and many accept applications from international students. Over 600 US universities offer $20,000 worth of scholarships to international students.
Are athletic scholarships taxable?
If you are an international student, in the US on a sports or athletic scholarship you are most likely considered a nonresident and you’re legally obliged to file a federal tax return even if you have received even $0.01.
You may also be obliged to file a state tax return, depending on your personal circumstances.