I am getting a university grant, and a scholarship, should zakat be paid on this? if so, when should I pay it?

Q: I am getting a university grant, and a scholarship, should zakat be paid on this? if so, when should I pay it? i.e. pay today and then wait for one Islamic calendar to pass by then pay again?

 

الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب

 

A: If you are liable for zakat then on  your zakat anniversary whatever amounts of the university grant or scholarship you have ownership and possession of is subject to zakat.  If such sums have been received as a lump sum then whatever remains with you on your zakat anniversary is subject to zakat.  If such sums are being received in instalments then whatever remains with you on your zakat anniversary from the instalments already received is subject to zakat.

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