What is the Hope Scholarship Credit?
Answer • How much tax credit is available with the Hope Scholarship? Answer • What expenses qualify? Answer • Who is an eligible student? Answer • What constitutes an eligible educational institution? Answer • Are parents eligible for the Hope Scholarship? Answer • When do I file for the Hope Scholarship? Answer • I paid tuition, but also received financial aid. Does this affect my eligibility? Answer • What happens in the student’s third year and beyond? What is the lifetime Learning Credit? Answer • What is the new tax benefit for interest paid on educational loans? Answer • How much can I deduct for educational loan interest? Can I deduct my full loan payments for the year? Answer • Who can qualify for a student loan interest deduction? Answer Q. What is the Hope Scholarship Credit? The Hope Scholarship is a tax credit available for the first two years of college or post secondary education. It will be offered to students or parents who pay tuition and related expenses for attendanc
