How does Harvard calculate the amount of my award that may be taxable?

The taxable portion of your scholarship award is calculated as follows:
 
Total of all scholarships from Harvard University
Less: Required tuition and fees charged to your student bill  
Equals: Taxable portion of your award
 
Since it is impossible for the University to determine what each student pays for books, fees, supplies and equipment required for courses of instruction, only the amount of tuition and fees charged to your student account will be included in this calculation.

See also: Taxes, 1042-S