It is important to note all of these plans are for qualifying educational expenses at eligible educational institutions. (hrblock.com)
They can help to pay for qualified education expenses such as tuition, fees and books, as well as certain room and board costs at eligible educational institutions. (franklintempleton.com)
By way of the Taxpayer Relief Act of 1997, the Government now permits individuals to deduct the interest paid on loans taken out to attend eligible educational institutions (graduateschoolloans.com)