Yes, you can claim qualified expenses for an academic period that starts during
2016 or the first three months of the next
year.
However, you can only deduct the expenses if your school is a qualified educational institution for education tax credit
purposes. A qualified school is any college, university, or other
post-secondary educational institution eligible to participate in a student aid program
Administered by the U.S. Department of Education. Most foreign schools are not. Please refer to the U.S. Federal Student Aid link to check if your Business School is qualified
educational institution for tax education purposes.
More
information:
https://www.irs.gov/individuals/eligible-educational-inst
