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tommarks2
Returning Member

student loan

Is my student loan considered income?

posted
‎March 30, 2022 5:14 PM
last updated ‎March 30, 2022 5:14 PM
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xmasbaby0
Level 15
Level 15

student loan

No your student loan is not income.   Someday you have to pay it back.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎March 30, 2022 5:21 PM
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Vanessa A
Expert Alumni
Expert Alumni

student loan

No, a student loan is not considered income.

 

  It is considered payment for tuition so if you take a student loan, you still qualify for education credits. 

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‎March 30, 2022 5:24 PM
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