10.24.08 | Stafford Loans hold Tax Benefits
Friday Fun Fact!
Did you know there are tax incentives while paying back your federal student loans? Most can claim the interest on their taxes. This benefit applies to all loans used to pay for post-secondary education, including PLUS loans.
The IRS publication 970, Tax Benefits for Higher Education explains these benefits in greater detail. You can also contact the IRS at 800-829-1040 with additional questions.
