WHAT ARE THE REQUIREMENTS FOR THE HOPE SCHOLARSHIP TAX CREDIT?
• You must be a Freshman or Sophomore within the first two academic years of your postsecondary education, in an Accredited Higher Education Institution (for example: NAU). • You must be enrolled in a degree-seeking program. • You must be at least a half-time student for a minimum of one semester during the tax year involved. • You must be free of any felony conviction for possession/distribution of a controlled substance. • You must file a joint income tax return if you are married. • Your Adjusted Gross Income must be less than $42,000 ($85,000 filing jointly) for full Credit; or between $42,000 to $52,000 (jointly $85,000 to $105,000) the Tax Credit decreases; over $52,000 (jointly $105,000) there is NO Tax Credit. • You may only claim this credit for tuition/fee payments made on or after January 1, 1998. • You may claim up to $1,500 per student.
Related Questions
- If a student meets the academic eligibility requirements for a HOPE Scholarship, is the student guaranteed admission to a college or University at which the student can use the scholarship?
- What academic requirements must a HOPE Scholarship student meet to continue to receive the scholarship?
- WHAT ARE THE REQUIREMENTS FOR THE HOPE SCHOLARSHIP TAX CREDIT?
