Regardless of the type or number of loans a student takes out, the maximum annual loan amount is capped at the cost of attendance, or COA, at the student's college or university. For two-year and ...

However, the IRS has strict rules for who can claim the deduction, and not everyone qualifies for the maximum amount. So, how much student loan interest — if any — can you deduct this year?

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

House Republicans are floating a proposal to limit eligibility for a key federal student loan forgiveness program intended to ...

Loan amounts available: $2,001** up to total cost of attendance, to a maximum of $400,000 (aggregate) Eligibility: Student borrowers with no credit history can qualify with a creditworthy co-signer.

Discover an in-depth review of Navy Federal Credit Union student loans, including rates, benefits, and drawbacks. Find out if ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

The minimum private student loan is $1,000. The maximum amounts are $125,000 for undergraduate degrees, $175,000 for graduate, MBA or law degrees and $500,000 for graduate health profession degrees.