Tax Information
Hope Scholarship Credit became effective January 1, 1998, and allows up to a $1,500 maximum tax credit per year for the first two years of post secondary education for each individual student. The Lifetime Learning Credit began July 1, 1998, and allows up to a $2,000 cumulative maximum tax credit per year for all students in a taxpayer’s family.
Qualified Tuition and Related Expenses
Qualified tuition and related expenses are tuition and fees (except for Health Service, Transportation, and Student Insurance fees) a student must pay to be enrolled at or attend Abraham Baldwin Agricultural College. The following are not qualified tuition and related expenses:
- Charges and fees for room, board, student insurance, health services, transportation, and similar personal, living, or family expenses.
- Amounts paid for any course or other education involving sports, games, or hobbies unless the course or other education is part of the student’s degree program or is taken to acquire or improve job skills.