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Financial Aid in the News

Stimulus Bill Offers Tax Credit for College Tuition, Textbooks, Fees (USA Today)

"As you grapple with rising costs, make sure you don't overlook a valuable new tax break. The American Opportunity Credit, part of the economic stimulus bill enacted this year, provides a tax credit of up to $2,500 to offset the cost of tuition, fees and textbooks," USA Today reports. "Tax credits for college aren't new: the Hope and Lifetime Learning Credits have been around since the Clinton administration. But the American Opportunity Credit, which is available only for 2009 and 2010, will provide a bigger tax break for many families."

You can read the complete Oct. 26, 2009 USA Today article on-line.

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