Puff, the Magic Dragon - Parodies. 1  In the mid 1970s an American Jewish band named Ruach created a parody version of the song entitled Puff the Kosher Dragon.
Pay tuition directly to the college. If you are considering making an outright cash gift, another option is to bypass your grandchild and pay the college directly. Under federal law, tuition payments made directly to a college aren't considered taxable gifts, no matter how large the payment.
1098-T Tuition Statements Empire State College is required to send 1098-T, tuition statements, to all students who meet the criteria set by the Internal Revenue Service. This form reports the amounts billed for qualifying tuition and related expenses, as well as grants and scholarships posted to your account in the calendar year.