ST 1992-01 - Financial Aid for Students - March, 1992
This is to reiterate the Department of Taxation's position on
the taxability of the fees charged for providing financial
It is our understanding that students or parents, who desire
information on available financial aid, complete a
questionnaire that is used as a student profile. This
information is data entered and matched against a third party
computer database which contains information on financial aid
that is available to students based on the student profile.
The computer then generates a "list" of available sources of
financial aid that matches the student's interest or career
goals. This list is either mailed directly to the student or
to the provider who will then provide the list, with some
additional information, to the student.
It is our opinion that the student is purchasing tangible
personal property and is therefore making a purchase subject
to the Ohio sales or use tax.
If you have any questions regarding this matter, you should
call us at 1-888-405-4039.
OHIO RELAY SERVICES FOR
THE HEARING OR SPEECH IMPAIRED