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[Video] Tax Breaks for Paying for College

Alex Bickford
Alex Bickford College Coach

Written by Alex Bickfordon April 6th, 2021

I joined College Coach as part of the college financing team from the education finance department of Citizens Bank. Before my stint with Citizens, I worked as an Assistant Director of Financial Aid at Southern New Hampshire University. I've spent most of my professional career working in financial aid and have assisted traditional undergraduate, adult learners and master’s degree students in financing their educations. I have a master’s degree in business education, a bachelor’s degree in hotel and restaurant management, and an associate’s degree in culinary arts.
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The month of April means it is time to file your taxes. Families who have paid for college over the past year may be eligible for a tax break. Some people may be surprised to learn that you can claim education tax credits and deductions even if you paid for college expenses with a student loan or out of pocket. In this video, finance educator Alex Bickford highlights what to consider when looking at the handful of education-related tax benefits that may be available to families. Don’t forget to subscribe to our YouTube Channel to keep up to date on all the latest college planning tips from our college admissions and finance experts. Determine the Best Way to Pay for College


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