Possible Tax Benefits

Many students and families qualify for tax credits or deductions. Although North Park University does not offer tax or legal advice, we do recommend that you discuss these programs with an accountant.

For reliable information visit the National Association of Student Financial Aid Administrators.

IRS publications are also available from the IRS website or by calling 1-800-TAX-FORM.

• Form 970, Tax Benefits for Higher Education
• Form 520, Scholarships and Fellowships

Interest on Student Loans

The Federal Tax Code allows for some deductions of interest paid on student loans. Consult the tax code for details.