Explanation of Qualifying Expenses for Education Tax Credits

Internal Revenue Service (IRS) Publication 970 and IRS Form 8863 explain which tuition and fee expenses qualify for education tax credits.

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At The College at Brockport, the following expenses would meet the criteria specified by the IRS:

  • Tuition
  • Lab and other mandatory course fees
  • Brockport Student Government Fee
  • Clinical Insurance Fee
  • Athletic Fee
  • Student Event Recreation Center Fee
  • College Fee
  • Technology Fee
  • Textbooks

IRS specifies that in order for qualifying expenses to be applied against payments remitted for tax credit purposes, they must be paid "out of pocket" during the tax year (normally January 1 – December 31) of the taxpayer taking the deduction. At The College at Brockport, the following payments would meet the criteria specified by the IRS:

  • Cash
  • Check
  • Credit Card
  • Student Loans
  • Parent Loans

IRS further specifies that qualifying expenses that were paid must be reduced by grants used to pay those expenses. At Brockport, examples of grants include:

  • Pell Grant
  • Educational Opportunity Grant (SEOG)
  • Tuition Assistance Program (TAP)
  • Aid for Part-Time Study (APTS)
  • State University Supplemental Tuition Assistance (SUSTA)
  • Scholarships
  • SUNY Academic Achievement Awards (SAAA)
  • Tuition Waivers
  • Fellowships
  • Research Grants
  • Employee Tuition Support

The College at Brockport is not a tax advisor. Students or other persons claiming education tax credits should do so only after consulting IRS Publication 970, IRS Form 8863, and/or in consultation with a qualified tax advisor.

Last Updated 12/11/19

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