Tax Trails - Student Loan Interest
Qualified student loan. This is a loan you took out solely to pay qualified higher education expenses. The expenses must have been:
- For you, your spouse, or a person who was your dependent when you took out the loan,
- Paid or incurred within a reasonable time before or after you took out the loan, and
- For education furnished during a period when the recipient of the education was an eligible student.
Eligible student. An eligible student is one who:
- Was enrolled at least half-time in a program leading to a degree, certificate, or other recognized educational credential
Were you, your spouse, or your dependent an eligible student?
Page Last Reviewed or Updated: 2012-11-16
