Did you know that the Internal Revenue Service (IRS) provides tax benefits for education? 
The tax benefits can be used to get back some of the money you spend on tuition or loan interest or to maximize your college savings. Read IRS Publication 970, Tax Benefits for Education to see which federal income tax benefits might apply to your situation. Here are some highlights : 

Tax Credits for Higher Education Expenses 
Two tax credits help offset the costs tuition, fees, books, supplies, equipment of college or career school by reducing the amount of your income tax : The American Opportunity Credit allows you to claim up to $2,500 per student per year for the first four years of school as the student works toward a degree or similar credential. The Lifetime Learning Credit allows you to claim up to $2,000 per student per year for any college or career school tuition and fees, as well as for books, supplies, and equipment that were required for the course and had to be purchased from the school. Even if you normally wouldn t file a tax return because of your income level , be sure to do so! If you don t , you ll miss out on tax credits that would put money in your pocket. 

Coverdell Education Savings Account 
A Coverdell Education Savings Account allows up to $2,000 a year to be put aside for a student s education expenses elementary, secondary, or college or career school. 

Qualified Tuition Programs (QTPs; also known as 529 Plans) 
A QTP/529 plan is established by a state or school so that you can either prepay or save up to pay education - related expenses. Once you re in college or career school and you withdraw money from your account to pay your education expenses , the money you withdraw will not be taxed. Learn more about state 529 plans. To find out whether the college you plan to attend participates in a QTP , ask the financial aid or admissions staff. 

Student Loan Interest Deduction 
You can take a tax deduction for the interest paid on student loans

user: Hi there. I'm looking information related to economic aid for college students.

assistant: Great. Well, yes, it is possible to get aids for your college studies, for tuition and maximize your college savings. 

user: This tuition programs, do you bring help about it?

assistant: Yes, you can always ask to the financial aid office or admissions staff about this topic.

user: There are any kind of tax help for college students?

assistant: Yes,  there are tax credits, which can help you to get access to tuitions, books, supplies and equipment for college or career school, this also will help you to reduce the amount of your income taxes.  

assistant: Have you ever filled a tax return form? This may help you.

user: No, I haven't, but I'll have it present in the future.

user: Alright, thanks. But how much money this help brings for students?

assistant: The lifetime learning credit allows you to claim up to $2,000 per student per year for any kind of education and the equipment you may need.

user: This is the only amount of money that students receive?

assistant: The american opportunity credit allow you to claim up to $2,500 per student for the first year of your four years of school.