Hope Tax Credit

Program Purpose

Provides a tax credit (a reduction in the amount of taxes to be paid for the year) to families with students (taxpayer, spouse, or dependent children) in the first two years of college or vocational school, to make post-secondary education more affordable.

Eligibility Requirements

Families who paid educational expenses for an eligible student. Eligible students are those students who were:

Award Amount

A tax credit of up to $1,500 per eligible student per year.

Application Process

Please refer to IRS Publication 970 for information on how to include this credit on your tax forms.

Additional Information