There are both state and federal government tax benefits and credits that help make higher education affordable. You may qualify for one or more of these tax savings opportunities.
Tax-Advantaged College Savings Programs
These programs include: state tuition savings plans such as Tennessee's BEST 529 and Prepaid Tuition Plans; Coverdell Education Savings Plans; traditional IRAs and Roth IRAs. Learn more.
Education Tax Benefits
There are several education-related tax benefits available, such as the Hope Scholarship Credit, Lifetime Learning Tax Credit, Employer Education Assistance, and education-related deductions. Learn more.