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New Jersey Statutes, Title: 54A, NEW JERSEY GROSS INCOME TAX ACT
Chapter 6: Items in 54A:6-2 to 54A:6-9 excluded
Section: 54A:6-8: Scholarships and fellowship grants
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.
This section added to the Rutgers Database: 2012-09-26 13:37:57.
Older versions of 54a:6-8 (if available):
Court decisions that cite this statute:
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