Eligibility
Who qualifies
Taxpayer meeting qualified-loan/payment/filing/income rules
- Availability
- United States
- Student requirement
- Taxpayer/student conditional
What you get
Benefit value
Deduct up to $2,500 qualified student-loan interest from taxable income
- Value category
- Aid / tax
- Known USD value
- Not safely quantified
Deduction, not $2,500 cash; savings depend on tax rate.
Timing
Renewal and expiration
Annual tax-year rules
Current catalog status: Active – verified
Official evidence
Why this is verified
This listing is backed by a direct provider, government, university, or program source. Terms can still change after our most recent check.
Open official verification sourcewww.irs.gov (opens in a new tab)