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There is no requirement that an educational loan be from a U.S. bank.
A Qualified Student Loan is a loan that was taken out solely to pay qualified education expense that were for the taxpayer, spouse, or a person who was a dependent (defined earlier in this course) when the loan was taken out.
The loan must be paid or incurred within a reasonable period of time before or after the loan was taken out, and for education provided during an academic period for an eligible student.
Loans from a related person or a qualified employer plan are not qualified student loans.
There is no requirement that an educational loan be from a U.S. bank.
A Qualified Student Loan is a loan that was taken out solely to pay qualified education expense that were for the taxpayer, spouse, or a person who was a dependent (defined earlier in this course) when the loan was taken out.
The loan must be paid or incurred within a reasonable period of time before or after the loan was taken out, and for education provided during an academic period for an eligible student.
Loans from a related person or a qualified employer plan are not qualified student loans.
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