In 1997, Congress passed the Tax Payer Relief Act, which included provisions for the Hope Scholarship Credit and the Lifetime Learning Credit. Both credits allow certain taxpayers who have incurred qualified expenses for higher education to take a credit against their federal income tax liability. The following is general information only and should not be taken as tax advice; please contact the IRS or a tax professional. The College cannot provide assistance regarding your eligibility or the calculation of the credit. The following web sites have additional information that may be useful.
- IRS Publication 970
- IRS Tax Information for Students
- IRS Form 8863 to claim education tax credits (PDF)
- Student eServices
- Student eServices Instructions
- Procedures for Viewing 1098-T’s on eServices