The student loan repayment process can be overwhelming. I'll be happy to help you understand how to manage and repay your student loans.
Have you taken a look at the checklist on our site?
No, I haven't seen it.
Unfortunately, no relevant information is found.
Should I create an online account with my loan servicer?
Yes, and it's very important the make sure that your contact information is correct.
One more thing for Credits for Higher Education Expenses . how many of these types of credits are there?
There are two tax credits that help offset the costs of college by reducing the amount of your income tax.
Do you normally file a tax return?
yes, but not every year
Even if you normally wouldn’t file a tax return because of your income level, you should still do it, so you don't miss out on tax credits.
what is the other tax credit besides the one you already told me about?
There is also the Lifetime Learning Credit which allows you to claim up to $2,000 per student per year.
are there any of those prepay programs that gives us tax benefits?