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Is paying off a student loan a qualified education expense?

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Is paying off a student loan a qualified education expense?

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No. Repayment of student loans is not considered a qualified education expense. Qualified expenses include only tuition, mandatory fees, books, supplies, and equipment required for enrollment or attendance; certain room and board costs during any academic period the designated beneficiary is enrolled at least half-time; and certain expenses for a “special-needs” student.

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No. Repayment of student loans is not considered a qualified education expense. Qualified expenses only include tuition, mandatory fees, books, supplies, and equipment (including computers) required for enrollment or attendance; room and board during any academic period the beneficiary is enrolled at least half-time; and certain expenses for a “special needs” student.

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No. Repayment of student loans is not considered a qualified education expense. Qualified expenses include only tuition, mandatory fees, books, supplies, and equipment (including computers) required for enrollment or attendance; room and board during any academic period the beneficiary is enrolled at least half-time; and certain expenses for a “special-needs” student.

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