What is the Hope Scholarship tax credit?
A tax credit of up to $1,650 for the first two years of post-secondary education for students who are enrolled at least half-time in one academic period during the tax year. The credit applies to the first $1,100 of tuition and eligible fees, and half of the next $1,100 of tuition and eligible fees. For more information, see your tax professional or the IRS.
Related Questions
- Can I still benefit from Hope Scholarship tax credits (also known as American Opportunity tax credit) and/or Lifetime Learning Credits if I contribute to a NextGen Account?
- How do I get an application for the American Opportunity Tax Credit (formerly Hope Scholarship)?
- Who is eligible for a Hope Scholarship tax credit?