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  2. Are College Tuition and Education Expenses Tax-Deductible?

    www.aol.com/college-tuition-education-expenses...

    Your first $2,000 for qualified education expenses qualify for the credit, then 25% of the next $2,000 spent. So if you have $4,000 or more in qualified expenses, you can get the full $2,500 tax ...

  3. Coverdell Education Savings Accounts: Your 2024 guide - AOL

    www.aol.com/finance/coverdell-education-savings...

    Federal student loans: You can borrow and repay the amount you need for education costs with federal student loans. Some perks include potentially lower interest rates and borrower protections ...

  4. How To Get the Student Loan Interest Deduction - AOL

    www.aol.com/student-loan-interest-deduction...

    What is the income limit for the student loan interest deduction in 2024? Single filers can claim the full $2,500 with MAGI up to $80,000. Those who made between $80,000 and $95,000 can claim a ...

  5. Federal Student Aid - Wikipedia

    en.wikipedia.org/wiki/Federal_Student_Aid

    The Federal Supplemental Educational Opportunity Grant (FSEOG) is a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. The maximum FSEOG is $4,000 a year and the amount applicants are eligible for is at the discretion of the college.

  6. Pell Grant - Wikipedia

    en.wikipedia.org/wiki/Pell_Grant

    As of June 20th, 2024 this bill has been introduced to the Senate Committee on Health, Education, Labor, and Pensions. [19] Degrees Not Debt Act of 2024: Introduced in February of 2024 by Representative Salud O. Carbajal [D-CA-24], this act set the maximum Pell Grant award for the 2024-2025 and 2025-2026 award years at $14,800. It also has a ...

  7. Hope credit - Wikipedia

    en.wikipedia.org/wiki/Hope_Credit

    The Hope credit, provided by 26 U.S.C. § 25A(b), was available to taxpayers who have incurred expenses related to the first two years of post-secondary education. [1] For this credit to be claimed by a taxpayer, the student must attend school on at least a part-time basis.

  8. Top Tax Deductions and Tax Credits You Should Know for 2023 - AOL

    www.aol.com/finance/10-tax-deductions-know-2023...

    The educator expense tax deduction is available to instructors, counselors, principals and aides who work at least 900 hours each school year and spend their own money on supplies they need for work.

  9. Tax Relief for American Families and Workers Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Relief_for_American...

    The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.