Quote:
Originally Posted by Mercy
Can someone explain the Hope Credit in simple terms. I've read about it, but it isn't getting thru my head. Is this for money actually paid out, or does it include loans taken for college?
Sorry, I'm just not getting it  |
I claimed the credit and I had only paid with loans. Now that I'm done with school, I am paying off the loans. I do not get to claim the Hope credit, but I do get to claim the interest paid on my student loan.