This credit is up to $2,500 per student in a degree program for the first four years of college Deduction for tuition and fees. Taxpayers can claim a deduction (also above the line) of up to $4,000 for qualified tuition and fees they pay if they meet the income guidelines (Sec. 222). Qualified expenses for […]
While you cannot take out subsidized loans in graduate school, you are eligible to take out additional unsubsidized loans The maximum amount that can be borrowed in federal PLUS loans is the difference between the cost of attendance and the rest of the financial aid received. This means that these loans can be used to […]