<prompt> Human: I browsed through the sidebar for something that might answer this, but its entirely possible I missed it. Im going off to college next year on what amounts to a full scholarship - 148,000 for 4 years. I get 18,500 per semester to spend on college expenses tuition, books, housing, etc, any leftover goes into an account as spendable cash. Would the scholarship or leftover count as taxable income?And being an upcoming college freshman, I have basically zero experience with credit or any other financial matter. I have a debitcredit card tied to my parents account, but I rarely use it. It is tied to a local credit union, and Im moving to a different state. Should I keep that card, or open my own? What would be the process for doing so?What should be my priorities in spending? I should have plenty to cover the semesters when school is in session, but Ill probably have to save some money to cover room and board for the summer term.Any other generalfinancial advice for a probably-not-yet-entirely-responsible 17yo?Thanks in advance!  <response>: Dont screw it up. Any time youre tired and are thinking about skipping class, get on rpersonalfinance and read all the threads about the people who have 100,000 in student loan debt. 