How does a private U.S. college or university recognize scholarships in accordance with GAAP?

Posted by admin on February 7th, 2010 and filed under university scholarships | 1 Comment »

University-granted full-tuition scholarships. Do they recognize the foregone tuition as revenue and then the scholarships granted as an expense? Or do they never hit the financial statements?

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One Response

  1. Victor Says:

    You can get info about such college scholarships and grants online here – scholarships.onlinewebshop.net
    References :

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