what are "qualifying educational expenses" when filing with financial aid?

So I understand that tuition is a qualifying educational expense…but i’m confused about everything else. What about my books, if they were required for a class? Is that a qualifying expense? And school supplies?


Related Blogs

Tags:

3 Responses to “what are "qualifying educational expenses" when filing with financial aid?”

  1. Phil Says:

    universities.atwebpages.com – it has detailed info how to apply for financial aid and scholarships to get more cash.

  2. Hoa N Says:

    Yes, school supplies, computer, books, room and board.

  3. Judy Says:

    If you’re asking about education credits, the amounts you can claim are expenses paid out of pocket or with loans, but NOT with scholarships or grants. Qualifying education expenses for the Hope or Lifetime Learning credits are tuition and fees. For the new American Opportunity credit, tuition, fees, and required books and supplies (not a laptop you use for school) are qualifying expenses.

Leave a Reply

CommentLuv Enabled

This site uses KeywordLuv. Enter YourName@YourKeywords in the Name field to take advantage.

Powered by Yahoo! Answers