Bipartisan legislation in the House and Senate (H.R. 4095/S.2191) would treat post-graduation scholarships the same as traditional scholarships for tax purposes.
Foundations and nonprofits provide these post-graduation scholarships to attract workers with essential skills to needed communities and address the student debt crisis. The legislation would define post-graduation scholarship grants as a charitable activity for the granting organization, ensure the program is benefiting those communities most in need, and require reports to Congress on the implementation of the program.