ERIC Number: ED437001
Record Type: RIE
Publication Date: 1998-Dec
Federal Tuition Tax Credits and State Higher Education Policy: A Guide for State Policy Makers.
Conklin, Kristin D.
The federal government enacted the Taxpayer Relief Act in 1997. Whereas other federal student aid programs have used grants, scholarships, and loans to help students and their families finance college, the new law has made college more affordable by providing new federal income tax credits, savings incentives, and deductions for interest paid on student loans. This policy guide examines the implications of these federal tax provisions for state higher education policy. It describes federal tax credits designed to help students and their families to meet the current expenses of college: the HOPE Scholarship and Lifetime Learning tax credits, the new tax incentives concerning college savings, and the new provisions regarding student loans. The second section of the guide describes several state policy options in response to the new federal tax credits, while section three makes recommendations regarding state policy. (Contains 28 references.) (JM)
Descriptors: Educational Finance, Educational Policy, Federal State Relationship, Higher Education, Paying for College, Student Financial Aid, Student Loan Programs, Tax Credits, Tuition
National Center for Public Policy and Higher Education, 152 North 3rd St., Suite 705, San Jose, CA 95112. e-mail: email@example.com; Web site:
. Tel: 408-271-2699; Fax: 408-271-2697.
Publication Type: Guides - Non-Classroom; Reports - Evaluative
Education Level: N/A
Authoring Institution: National Center for Public Policy and Higher Education, CA.