A fellowship provides financial support to graduate students to pursue their graduate studies without associated teaching or research responsibilities.
Fellowships are taxable. Fellowships will be reported on a 1098-T and, for non-US Citizens, also on a 1042-S.
If you owe MSU any money, MSU will take what you owe directly from this award prior to deposition. If you have federal financial aid, you will want to check to see how this award affects any funding that you receive.
If you have completed the Free Application for Federal Student Aid, then you should be aware that receipt of a fellowship, scholarship or assistantship may reduce your eligibility for federal student loans. Please contact the Office of Financial Aid at email@example.com if you have questions.