Yes, after you have received the American Opportunity Credit for 4 years you can then qualify for the Lifetime Learning Credit or the Tuition and Fees deductions.
The Lifetime Learning Credit is for qualified tuition and related expenses paid for eligible students enrolled in an eligible educational institution. This credit can help pay for undergraduate, graduate and professional degree courses--including courses to acquire or improve job skills. There is no limit on the number of years you can claim the credit. It is worth up to $2,000 per tax return.
For more info visit: https://www.irs.gov/individuals/llc
