You can deduct up to $2,500 of qualifying interest you paid on your student loans. You should have received a 1098-E from your lender.
You can deduct the interest paid on your Private Student Loan.
You will receive a 1098-E from the Institution.
The following link will be helpful to explain Student Loan Interest:
Loans from the following sources aren't qualified student loans.
Related person. You can't deduct interest on a loan you get from a related person. Related persons include:
Your spouse;
Your brothers and sisters;
Your half brothers and half sisters;
Your ancestors (parents, grandparents, etc.);
Your lineal descendants (children, grandchildren, etc.); and
Certain corporations, partnerships, trusts, and exempt organizations.
Qualified employer plan. You can't deduct interest on a loan made under a qualified employer plan or under a contract purchased under such a plan.