Lifetime Learning Tax Credit


Teaching in classroom

Faculty member


Taxpayers who pay registration/tuition and other fees for attending specified colleges may be eligible to claim a non-refundable lifetime learning tax credit.

This credit is available for all years of postsecondary education and for courses to acquire or improve job skills. The maximum credit is up to $2000 per return.

Financial aid awards including Pell grants and SEOG and institutional waivers, grants, scholarships and other forms of tax-free educational assistance may reduce the credit. See the IRS publication 970 for phase-out rules. (See below.)

More information is available in the IRS Publication 970 Tax Benefits for Education.