Gross Income Exclusions and Deductions for AGI 4-47 11. Scholarships. (Obj. 5) On August 1, 2021, Rob was granted a $5,400 scholarship for each of four academic years (nine months each year) to earn a degree from Birdhaven University. The scholarship grant includes $3,600 for tuition, fees, and books and $1,800 for room and 000 board. Payment is one-ninth each month, starting September 10, 2021, and is made on the tenth of each month thereafter. a. How much of the scholarship payments can Rob exclude from gross income in 2021? Why? b. If Rob is not a degree candidate, is there any limitation to the amount of his exclusion? Explain.