Qualified education loan means a government, commercial, or foundation loan for actual costs paid for tuition, reasonable education expenses, and reasonable living expenses related to the graduate or undergraduate education of a qualified teacher.
Qualified education loan means any qualified education loan obtained specifically to finance education or other school-related expenses. "Qualified education loan" does not include credit card debt, home equity loan, or revolving debt.
Examples of Qualified education loan in a sentence
For qualified education loans made before January 1, 2002, a payee is not required to report payments of loan origination fees and capitalized interest as interest under section 6050S and this section.(2) Qualified education loan certification.
For qualified education loans made before January 1, 2004, a payee is not required to report payments of loan origination fees and capitalized interest as interest under section 6050S and this section.(2) Qualified education loan certification.
More Definitions of Qualified education loan
Qualified education loan means a loan that meets the requirements of 26 U.S.C. 144(b)(1)(B);
Qualified education loan means a government, commercial, or foundation loan used by an individual for actual costs paid for tuition to a postsecondary institution located in Minnesota for a professional flight training degree.
Qualified education loan means any loan primarily used to finance a postsecondary education and costs of attendance at a postsecondary public or private educational institution, including tuition, fees, books and supplies, room and board, transportation, and miscellaneous personal expenses. "Qualified education loan" includes a loan made to refinance a qualified education loan. "Qualified education loan" does not include an extension of credit under an open-end credit plan, a reverse mortgage transaction, a residential mortgage transaction, or any other loan that is secured by real property or a dwelling.
Qualified education loan means a government, commercial, or foundation loan used by an individual for actual costs paid for tuition and reasonable educational and living expenses related to the postsecondary education of the qualified aircraft technician or qualified pilot.
Qualified education loan means any indebtedness
Qualified education loan is defined in in Section 221 of the Code. Please note that the student loan deduction otherwise allowable under Section 221 of the Code (prior to the application of Section 221(b)) for any taxable year shall be reduced (but not below zero) by so much of the withdrawal under the plan that is treated as a qualified higher education expense as would be includible in gross income under section 529(c)(3)(A) for such taxable year but for such treatment. In addition, Qualified Higher Education Expenses include tuition expenses for a designated beneficiary in connection with enrollment or attendance at an elementary or secondary public, private, or religious school, provided that such expenses do not exceed, together with such expenses paid from any other Account in a qualified tuition program established for the same designated beneficiary by any person, an aggregate amount of $10,000 per calendar year.
Qualified education loan means a debt owed by the employee to any private or public entity for which repayment is legally required over a period greater than one (1) year; the proceeds from which were used by the employee to make payment of tuition, fees and/or other education expenses, such as books and materials, to an institution of higher learning including any private college or university for coursework to obtain an undergraduate or graduate degree; and,