As you’re probably aware, H.R. 1, the Tax Cuts and Jobs Act contains a provision that would make graduate students’ tuition waivers taxable income (Sec. 1204). These tuition waivers are money the students never see, they represent tuition forgiveness the
students receive in exchange for working as teaching or research assistants. The actual monetary stipends these students receive are very low (55% of graduate students nationwide have an adjusted gross income of $20,000 or less), and most cannot afford a big
increase in their tax bill.