Tuesday, January 15, 2013

Prepare for Financial Aid Changes in 2013

http://www.usnews.com/education/best-colleges/paying-for-college/articles/2013/01/14/prepare-for-financial-aid-changes-in-2013

The new year is only a few weeks old, but there are already reasons for college students to pay attention to the financial aid landscape for 2013.
As part of a deal passed January 1 to avert the so-called fiscal cliff, education tax benefits previously set to expire were extended for five years. Through 2017, families or students can claim the American Opportunity Tax Credit (AOTC) to receive a credit of up to $2,500 for college expenses, including tuition and textbooks.

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