What are the qualified higher education expenses?
Qualified higher education expenses include tuition, mandatory fees, books, supplies, and equipment required for the enrollment and attendance of the Beneficiary at an eligible educational institution and, under certain circumstances, room and board expenses. Qualified higher education expenses include certain additional enrollment and attendance costs of special needs beneficiaries. For this purpose, eligible educational institutions generally are accredited post secondary educational institutions offering credit toward a bachelor’s degree, an associate degree, a graduate-level degree or professional degree, or another recognized post secondary credential.
Related Questions
- I paid my qualified tuition and related expenses with student loans. Can I still claim a Hope or Lifetime Learning Tax Credit or the Higher Education Tuition and Fees Deduction?
- When can an individual first make a withdrawal from an IRA to pay for qualified higher education expenses without paying the 10 percent early withdrawal tax?
- What are qualified higher education expenses for my student loan?
