Do You Have To Report Private Scholarships To Your College?
Colleges say you must report scholarships, but federal law doesn’t require it. Here’s what’s really behind scholarship displacement.
Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him on the About Page or on his personal site RobertFarrington.com.
He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future.
He has been quoted in major publications, including the New York Times, Wall Street Journal, Washington Post, ABC, NBC, Today, and more. He is also a regular contributor to Forbes.

Colleges say you must report scholarships, but federal law doesn’t require it. Here’s what’s really behind scholarship displacement.

Fidelity expands its $100 ETF service fee list from 27 to 120+ funds. Roundhill, Kurv, and other niche issuers affected starting June 2026.

30 Democratic senators introduced a bill to repeal the Education Freedom Tax Credit before it takes effect in 2027.
Live Q&A where we dive deep into the latest student loan news, upcoming deadlines, and strategies to maximize your loan forgiveness.

New class action lawsuit alleges TurboTax refund advance loans violated the Military Lending Act by overcharging active-duty service members.

Hampshire College closes, student loans get auto-discharged, Georgia raises tuition, and PSLF faces new threats. This week’s college and money news.

The Department of Education says FAFSA identity verification blocked $1B+ in student aid fraud. California led with $171M prevented. Here’s the state-by-state breakdown.

Democratic senators introduced a resolution to overturn the Trump PSLF rule restricting qualifying employers. Here’s what borrowers need to know.

The PSLF Buyback backlog grew to 89,720 in March 2026. With a 27-month wait, many borrowers will hit 120 PSLF payments before their buyback is processed.

The student loan IDR backlog fell to 553,966 in March 2026, and loan forgiveness resumed with 21,200 discharges after two months of zero cancellations.

Two new bills in Congress would cut federal student loan interest to 0% or 2% for 43 million borrowers. Here’s what each proposes and why it may not matter as much as you think.
The College Investor® provides the latest news and analysis for saving and paying for college, student loan debt, personal finance, banking, and college admissions.